This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgement Lien On My Property In Pennsylvania
Category:
State:
Multi-State
Control #:
US-0025LTR
Format:
Word;
Rich Text
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Description
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FAQ
Pennsylvania judgments are valid for 5 years. Judgments can be revived every 5 years and should be revived if a creditor is attempting to actively collect on the debt. Judgments also act as a lien against real property for up to 20 years or longer if properly revived.
Pennsylvania judgments are valid for 5 years. Judgments can be revived every 5 years and should be revived if a creditor is attempting to actively collect on the debt. Judgments also act as a lien against real property for up to 20 years or longer if properly revived.
Using Trusts to Shield Assets A really good way to put assets out of the reach of a civil judgment is to put them inside a legally constructed asset protection trust, notably an offshore trust. Moving assets out of direct ownership and into a trust works wonderfully to protect those assets from creditor claims.
How can I check for liens against my property? Except mortgages, most liens are filed in the Prothonotary's office, not in the Recorder of Deeds Office. You can check with them for liens filed against you there.
Requirements for Liens in Pennsylvania For mechanics' liens, contractors, subcontractors, and suppliers must typically follow specific procedures to file a lien. This may include providing notice to the property owner, filing a lien claim with the appropriate county office, and adhering to strict deadlines for filing.
Pennsylvania exempts from execution on judgment on a contract all wearing apparel of the debtor and his family, bibles and school books in use in the family, as well as $300 worth of any property owned or in pos- session of the debtor.
Personal property such as medical equipment, work tools, and basic household items are generally exempt from seizure by a judgment creditor. Negotiating a payment plan with the creditor is often the best approach to avoid prolonged and stressful collection efforts.
Homeowners can sell properties with liens. For a buyer to take possession of the property, the seller will need to clear title and satisfy all outstanding liens.
