This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Against Property For Nri In India In North Carolina
Category:
State:
Multi-State
Control #:
US-0025LTR
Format:
Word;
Rich Text
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FAQ
The judgment debtor may have exemptions under State and federal law that are in addition to those listed on the form for the debtor's statement that is included with the notice, such as Social Security benefits, unemployment benefits, workers' compensation benefits, and earnings for the debtor's personal services ...
The decree holder must file an application for execution of the foreign judgment or decree in the competent Indian court. A certified copy of the decree and a certificate from the superior court of the foreign country stating the amount, if any that has been satisfied under the decree must also be submitted.
Enforcement of a Foreign Judgment in the U.S. Under U.S. law, an individual seeking to enforce a foreign judgment, decree or order in this country must file suit before a competent court. The court will determine whether to recognize and enforce the foreign judgment.
The North Carolina Homestead Exemption (see NCGS §1C-1601(a)(1)) protects up to $35,000 of equity in a home for a single individual or $70,000 of equity for a married couple with a joint creditor.
The short answer is yes, but it's not always easy or common for a judgment creditor to take your car. If a creditor sues you and wins, they can request a judgment lien against your property, including your car.
Personal property exemptions. The personal property of any resident of this State, to a value fixed by the General Assembly but not less than $500, to be selected by the resident, is exempted from sale under execution or other final process of any court, issued for the collection of any debt.
What kind of property is subject to a judgment lien under North Carolina law? In every state, a judgment lien can be attached to the debtor's real estate -- meaning a house, condo, land, or similar kind of property interest.
More info
In North Carolina, there are two ways for a creditor to seek enforcement of a foreign judgment. File an authenticated copy of your judgment.Domestication is the process that allows a creditor to attach the judgment as a lien to the debtor's property, and otherwise enforce it. The creditor with a judgment must give you notice of your right to protect your property. It must, however, be made clear that the NRI marriages and their validity, divorce, maintenance, child custody, succession to property, etc.
