Texas Sample Letter for Second Motion for Examination of Judgment - Debtor

State:
Multi-State
Control #:
US-0309LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter For Second Motion For Examination Of Judgment - Debtor?

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FAQ

These remedies generally cover ways to collect after a judgment has been rendered. The remedies generally covered in this research guide include judgment liens, writ of garnishment, writ of execution, turnover, and receivership.

A judgment lien lasts for ten years. ing to Section 52.001 of the Texas Property Code, a judgment lien cannot attach to any real property that is exempt from seizure or forced sale under Chapter 41 of the Texas Property Code.

A judgment is valid for 10 years after it is issued, and it can be enforced at any time within that time period. There are ways for a creditor to extend a judgment past that time, so if properly renewed, a creditor can seek to enforce the judgment and collect for many years even after the initial ten-year window.

In the State of Texas, judgments are considered valid for at least ten years, after which time the creditor can undertake relatively easy efforts to have judgment renewed for another ten years, and then another ten years after that, and so on.

Requesting a writ of execution from the court would allow the debtor's non-exempt property to be seized and sold with the proceeds going to the debt owed to the creditor. Some of the Texas justice courts have a form to request a writ of execution available on their website.

Ways to Collect a Judgment in Texas Writ of Execution. Judgment Lien. Writ of Garnishment. Turnover Order.

A Texas judgment is valid for ten years from the date it is signed by the judge. After the expiration of ten years the judgment is dormant for two years. During that two year period of dormancy the judgment cannot be enforced.

An abstract of judgment is a written statement providing details about the judgment and the debtor that is filed in the property records of the county. The judgment lien is created by the proper recording and indexing of an abstract of judgment. The lien lasts for 10 years and can be renewed.

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Texas Sample Letter for Second Motion for Examination of Judgment - Debtor