Ohio Abstract of Judgment

• Category: Federal - District Court
• State: Multi-State
• Control #: US-FED-0044
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title. Ohio Abstract of Judgment is a legal document used to enforce and collect on a judgment in the state of Ohio. It serves as a public record and provides important information regarding a judgment that has been entered against a debtor. The Ohio Abstract of Judgment contains several key details. It includes the names of the plaintiff (creditor) and defendant (debtor), along with their respective addresses, as well as the court case number and the date the judgment was entered. This document also specifies the amount of money owed by the debtor to the creditor, which typically includes the original judgment amount, any accrued interest, court costs, and attorney fees, if applicable. One of the main purposes of an Ohio Abstract of Judgment is to create a lien on the debtor's real property located within the county where it is recorded. This means that the creditor has a legal claim on the debtor's property, which can ultimately lead to forced sale or foreclosure if the debt is not repaid. The lien created by the Abstract of Judgment helps to ensure that the debtor cannot transfer or sell the property without first satisfying the outstanding debt. There are different types of Ohio Abstracts of Judgment that may be relevant in various situations. Some common variations include: 1. Residential Abstract of Judgment: This type of Abstract of Judgment is used when the debtor owns residential property in Ohio. It creates a lien on the specific property mentioned in the document. 2. Commercial Abstract of Judgment: In cases where the debtor owns commercial property, a Commercial Abstract of Judgment is filed, creating a lien on the debtor's commercial real estate. 3. Personal Property Abstract of Judgment: This type of Abstract of Judgment is used when the creditor wants to create a lien on the debtor's personal property, such as vehicles, bank accounts, or other assets besides real estate. It allows the creditor to potentially seize and sell these assets to satisfy the debt. In order to record an Ohio Abstract of Judgment, the creditor must file the document with the County Recorder's Office in the county where the debtor's property is located. The recording fee is typically required, and the creditor must ensure that all required information is accurately provided. Overall, the Ohio Abstract of Judgment is a crucial legal tool for creditors seeking to enforce a judgment and collect on a debt. It creates a lien on the debtor's property, ensuring that the debt is not easily avoided or disregarded.

Ohio Abstract of Judgment is a legal document used to enforce and collect on a judgment in the state of Ohio. It serves as a public record and provides important information regarding a judgment that has been entered against a debtor. The Ohio Abstract of Judgment contains several key details. It includes the names of the plaintiff (creditor) and defendant (debtor), along with their respective addresses, as well as the court case number and the date the judgment was entered. This document also specifies the amount of money owed by the debtor to the creditor, which typically includes the original judgment amount, any accrued interest, court costs, and attorney fees, if applicable. One of the main purposes of an Ohio Abstract of Judgment is to create a lien on the debtor's real property located within the county where it is recorded. This means that the creditor has a legal claim on the debtor's property, which can ultimately lead to forced sale or foreclosure if the debt is not repaid. The lien created by the Abstract of Judgment helps to ensure that the debtor cannot transfer or sell the property without first satisfying the outstanding debt. There are different types of Ohio Abstracts of Judgment that may be relevant in various situations. Some common variations include: 1. Residential Abstract of Judgment: This type of Abstract of Judgment is used when the debtor owns residential property in Ohio. It creates a lien on the specific property mentioned in the document. 2. Commercial Abstract of Judgment: In cases where the debtor owns commercial property, a Commercial Abstract of Judgment is filed, creating a lien on the debtor's commercial real estate. 3. Personal Property Abstract of Judgment: This type of Abstract of Judgment is used when the creditor wants to create a lien on the debtor's personal property, such as vehicles, bank accounts, or other assets besides real estate. It allows the creditor to potentially seize and sell these assets to satisfy the debt. In order to record an Ohio Abstract of Judgment, the creditor must file the document with the County Recorder's Office in the county where the debtor's property is located. The recording fee is typically required, and the creditor must ensure that all required information is accurately provided. Overall, the Ohio Abstract of Judgment is a crucial legal tool for creditors seeking to enforce a judgment and collect on a debt. It creates a lien on the debtor's property, ensuring that the debt is not easily avoided or disregarded.