Judgment Against Property With Find In Illinois

State:
Multi-State
Control #:
US-0025LTR
Format:
Word; 
Rich Text
Instant download

Description

The Judgment Against Property with Find in Illinois is a legal document designed to inform relevant parties about a judgment that has been filed against a property owner. This document serves as a formal notification that a lien has been placed on any real property owned by the individuals mentioned in the judgment, specifically in a particular county. It is essential for attorneys, partners, owners, associates, paralegals, and legal assistants to understand its utility in ensuring that all interested parties are aware of the legal claim against the property. The form includes instructions for filling out the specifics, including the names of the judgment debtors and the county of enrollment. Users should ensure all details are accurate to prevent legal complications. This document can be particularly useful in scenarios where further enforcement actions are needed or when advising clients on property ownership issues. Editing this form to suit specific situations is straightforward, requiring users to adapt the template language to fit their facts and circumstances. Overall, this judgment form is an essential tool for facilitating communication and documentation in property-related legal matters.

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FAQ

Illinois law governs the time limit for enforcing judgment and states “no judgment shall be enforced after the expiration of 7 years from the time the same is rendered.”1 The same statute allows the 7-year limitation period to be extended “upon the revival of the judgment by a proceeding.”

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Depending on the defendant's financial situation, it can be very difficult to collect a judgment.

Enforcement proceedings (also known as collection actions) to collect judgments are governed primarily by 735 ILCS 5/2-1402. This statute provides three main tools for enforcing and collecting judgments: (1) the Citation to Discover Assets; (2) wage garnishment proceedings; and (3) non-wage garnishment proceedings.

Offline Options: County Court Clerk's Office: Visit the clerk's office in the county where the property is located and request a tax lien search for the specific property. County Treasurer's Office: Similar to the clerk's office, Illinois county treasurers may offer in-person tax lien search services.

Creditors can use our Citation to discover assets to debtor Easy Form and Collect a judgment from debtor's bank or employer Easy Form programs to prepare these documents. Then, the creditor can ask the court to: Garnish the debtor's wages, and. Freeze the debtor's bank accounts.

A "Default Judgment" is similar to a Judge's order in that it can be used to place a lien on your property, garnish your wages and/or affect your credit.

Consumer debt judgments entered after January 1, 2020 last 7 years and can be revived once for another 7 years. The creditor must ask the court to revive the judgment before 10 years have passed since it was first entered. This gives the creditor a total of 17 years to collect.

If a judgment is old, it may need to be revived before it can be enforced. Illinois law governs the enforcement and resurrection of judgments. Under Illinois law, judgments have an enforcement time limit of seven years from the date of their entry.

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Judgment Against Property With Find In Illinois