This form is a sample letter in Word format covering the subject matter of the title of the form.
This form is a sample letter in Word format covering the subject matter of the title of the form.
File a certified copy of your judgment in the real estate records of the county in which the property is located. The lien is in effect for 10 years, and it can be renewed for an additional ten years.
The default final judgment is obtained by delivering to the Court a Motion for Default Final judgment-Residential Eviction (Form 78) and/or a Motion for Default Final judgment - Damages (Residential Eviction) (Form 79) with an Affidavit of Damages (Form 80).
Under Florida law, the court clerk must promptly file a certificate of sale after the foreclosure sale, which usually happens within a day of the sale. You then have ten days after the filing of the certificate of sale to file an objection to the sale.
Final judgments issued in Florida are the culmination of a lawsuit. They can come at the end of the process from a trial or beforehand through certain procedural mechanisms like default or summary judgment or from an unperformed settlement agreement.
A deficiency judgment allows a mortgage lender to recover the difference between the outstanding balance of a mortgage note and the proceeds of a property foreclosure sale. In Florida, a deficiency judgment can also include costs and attorney's fees.
In Florida, a judgment lien can be attached to the debtor's real estate -- meaning a house, condo, land, or similar kind of property interest. Florida also allows judgment liens to be attached to the debtor's personal property -- things like jewelry, art, antiques, and other valuables.
Florida is considered one of the best states for asset protection because of its generous creditor exemption laws. Florida law protects an unlimited amount of homestead equity, tenants by entireties property, head of household wages, retirement accounts, annuities, life insurance, and disability insurance.
The sheriff's department can seize: Personal property: movable things (e.g., cars, horses, boats, furniture, jewelry) owned by the debtor. Real property: land and buildings owned by the debtor.
Your home and Florida's homestead exemption If you own the home you live in, your home is protected from all creditors except those holding a mortgage or lien on your residence.
Once a judgment is entered, creditors have multiple options for collection: Your wages or funds in a bank account may be frozen. You may be required to reveal all assets through a deposition or document request. Creditors can place liens on non-exempt property.