This form is a sample letter in Word format covering the subject matter of the title of the form.
Judgment Lien On Personal Property With Mortgage In San Diego
Category:
State:
Multi-State
County:
San Diego
Control #:
US-0025LTR
Format:
Word;
Rich Text
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FAQ
A mortgage is a specific, voluntary lien. It is specific to the piece of property and is voluntary because it was agreed to by the property owner. A judgment lien is an example of a general, involuntary lien. Judgment liens can be applied against any of an individual's assets.
A credit card provider cannot simply place and lien and take possession of your home. Instead, they first need to sue you for the unpaid credit card debt and receive a judgment in their favor. Once they have that judgment, they can move forward with claiming your assets, which involves putting a lien on your house.
Under California law, debt collectors have the right to place a lien on a person's home once they get a judgment. California law then lets the debt collector force the sale of a person's home to collect the judgment, even if that property is the debtor's only home.
File an Abstract of Judgment after Winning a Lawsuit Any time you win a lawsuit, you can put a lien on the defendant's real estate by recording an Abstract of Judgment in the Recorder's Office of the county where the real estate is located.
An involuntary lien can occur without your knowledge, depending on the circumstances. A creditor often places a judgment lien after suing you and winning the case.
A lien expires 10 years from the date of recording or filing, unless we extend it. If we extend the lien, we will send a new Notice of State Tax Lien and record or file it with the county recorder or California Secretary of State.
An involuntary lien can occur without your knowledge, depending on the circumstances. A creditor often places a judgment lien after suing you and winning the case.
More info
You can put a lien on that property so that if they ever sell or refinance the property you might get paid. To do this, you first need an Abstract of Judgment.In California, if you're the person owed money (the creditor), you can place a judgment lien on the debtor's real estate or personal property. When recorded, it creates a general lien on real property of the judgment debtor in the county in which the abstract is recorded. Grantor: Debtor or Defendant To attach the lien to real estate, the creditor either takes or mails an Abstract of Judgment to a county recorder's office where the property is owned. A judgment lien affects real estate you own in the county where the creditor records the lien, or where the court enters the judgment. Filing a lien entails establishing a legal claim against an asset, often a property or a vehicle, which is commonly used as collateral for payment of a debt. A summary of the essential provisions of a money judgment. To do this fill out an EJ-15 Notice of Judgment Lien form.
