Judgment Against Property Foreign Company In Philadelphia

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

Description

The Judgment Against Property Foreign Company in Philadelphia serves as a formal document that indicates a legal judgment obtained against a foreign company and places a lien on their real property within the jurisdiction. This form is essential for attorneys, partners, owners, associates, paralegals, and legal assistants who need to enforce a judgment and ensure that it is recognized against the assets of the foreign entity. Key features of the form include clear sections for detailing the parties involved, the judgment enrollment, specific counties affected, and contact prompts for further inquiries. Users are instructed to fill in pertinent details such as names, dates, and address information accurately. The filling process should be straightforward, with guidance to adapt the model letter to meet unique case requirements. This form is particularly useful for instances where a foreign company's assets may be distributed across multiple jurisdictions, prompting the necessity for careful tracking of all properties involved. By following the provided instructions, users can effectively manage and document the enforcement of a judgment, protecting the rights of the creditor in Pennsylvania.

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FAQ

(1) At the time of the filing of the foreign judgment, the judgment creditor or his attorney shall make and file with the office of the clerk of the court of common pleas an affidavit setting forth the name and last known post office address of the judgment debtor, and the judgment creditor.

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.

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 SPEECH Act prohibits any domestic court from recognizing or enforcing a foreign defamation judgment if the foreign jurisdiction's libel laws do not provide as much protection to speech as does the First Amendment and/or the libel law of the state in which the domestic court sits.

You can begin by checking with your county recorder's office, which should maintain local real estate records. That includes active liens and property transactions. Your county clerk's office can be another helpful resource.

In Pennsylvania, Interested persons can find out if there are any liens on a specific property by querying the local Prothonotary or Recorder of Deeds Office in the county where the property is located.

The department files liens in the county Prothonotary's Office where the taxpayer resides or does business. Liens, along with most other court records, are public documents.

Common notification methods include sending multiple unpaid bills in the mail but these bills can be lost or not reach the appropriate person before a lien is placed. They can also arrive when the previous homeowner was at the property but cease by the time a new homeowner moves in.

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Judgment Against Property Foreign Company In Philadelphia