If an owner of an interest in real property has had a judgment obtained against the owner, this form addresses a release of that judgment lien.
Connecticut Release of Judgment Lien — Abstract of Judgment is a legal document that serves to release or discharge a previously filed judgment lien on a property. A judgment lien is typically placed on a property after a court judgment has been awarded against a debtor who fails to repay their debt. In Connecticut, there are two main types of Release of Judgment Lien: 1. Full Release of Judgment Lien: This document is filed when the judgment debtor (the debtor against whom the judgment was issued) has fully satisfied the judgment debt, including any interest, costs, and fees. Once recorded with the appropriate county clerk or land records office, the lien is released, and the property is no longer encumbered by the debt. 2. Partial Release of Judgment Lien: This type of release is filed when the judgment debtor has partially satisfied the judgment debt, often through payment plans or settlements. It allows the debtor to clear a portion of the lien amount from the property's title, providing them with some relief while leaving a remaining balance on the lien. To begin the process of releasing a judgment lien in Connecticut, the judgment debtor must complete a Release of Judgment Lien form, which includes vital information such as the case number, court name, judgment creditor (the party owed the debt), judgment debtor's name, and property details. The form should accurately reflect the lien being released, whether it is a full or partial release. Once the form is completed, it must be signed by the judgment debtor and notarized. Afterward, it is important to file the release with the county clerk or land records office where the original judgment lien was recorded. This ensures the release is documented in the property's title history, providing evidence to potential buyers or lenders that the judgment lien has been lifted. It's crucial to note that in Connecticut, a Release of Judgment Lien — Abstract of Judgment is separate from an actual discharge of the underlying judgment debt itself. Discharging a debt requires different legal processes, such as negotiating with the judgment creditor or filing for bankruptcy. However, recording the release on the property's title is an essential step in freeing the property from the encumbrance of the judgment lien. In summary, a Connecticut Release of Judgment Lien — Abstract of Judgment is a necessary document to release or partially release a judgment lien on a property. Whether it is a full or partial release, completing the appropriate form accurately and filing it with the county clerk or land records office is essential to clear the property's title from the encumbrance of the judgment lien and provide peace of mind to the owner.Connecticut Release of Judgment Lien — Abstract of Judgment is a legal document that serves to release or discharge a previously filed judgment lien on a property. A judgment lien is typically placed on a property after a court judgment has been awarded against a debtor who fails to repay their debt. In Connecticut, there are two main types of Release of Judgment Lien: 1. Full Release of Judgment Lien: This document is filed when the judgment debtor (the debtor against whom the judgment was issued) has fully satisfied the judgment debt, including any interest, costs, and fees. Once recorded with the appropriate county clerk or land records office, the lien is released, and the property is no longer encumbered by the debt. 2. Partial Release of Judgment Lien: This type of release is filed when the judgment debtor has partially satisfied the judgment debt, often through payment plans or settlements. It allows the debtor to clear a portion of the lien amount from the property's title, providing them with some relief while leaving a remaining balance on the lien. To begin the process of releasing a judgment lien in Connecticut, the judgment debtor must complete a Release of Judgment Lien form, which includes vital information such as the case number, court name, judgment creditor (the party owed the debt), judgment debtor's name, and property details. The form should accurately reflect the lien being released, whether it is a full or partial release. Once the form is completed, it must be signed by the judgment debtor and notarized. Afterward, it is important to file the release with the county clerk or land records office where the original judgment lien was recorded. This ensures the release is documented in the property's title history, providing evidence to potential buyers or lenders that the judgment lien has been lifted. It's crucial to note that in Connecticut, a Release of Judgment Lien — Abstract of Judgment is separate from an actual discharge of the underlying judgment debt itself. Discharging a debt requires different legal processes, such as negotiating with the judgment creditor or filing for bankruptcy. However, recording the release on the property's title is an essential step in freeing the property from the encumbrance of the judgment lien. In summary, a Connecticut Release of Judgment Lien — Abstract of Judgment is a necessary document to release or partially release a judgment lien on a property. Whether it is a full or partial release, completing the appropriate form accurately and filing it with the county clerk or land records office is essential to clear the property's title from the encumbrance of the judgment lien and provide peace of mind to the owner.
