Texas Abstract of Judgment
Description Texas Abstract Of Judgment
How to fill out Texas Abstract Of Judgment?
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FAQ
The purpose of an abstract of judgment is to create a public record and create a lien or claim if necessary on any real estate property owned or later acquired by the defendant located in the county in which the abstract of judgment is recorded.
An Abstract of Judgement is a written summary naming the amount evicted tenants owe, court costs that need to be paid, interest what is owed, as well as other orders resulting from the lawsuit.An abstract of judgment also creates a lien against any real property located in the county the abstract was in.
It is active for 10 years and can be renewed if the have attempted to execute on the judgment. They will not be able to foreclose on the homestead unless the homestead looses its status as homestead.
There are two options. You can obtain a full release of the abstract of judgment from the creditor or you can file your own partial release of the abstract of judgment as it relates to your homestead.