Knoxville Tennessee Abstract of Judgment

• Category: Tennessee Court Samples - Liens - Judgments
• State: Tennessee
• City: Knoxville
• Control #: TN-E162
• Format: PDF

Description

Abstract of Judgment Knoxville Tennessee Abstract of Judgment: A Comprehensive Overview In Knoxville, Tennessee, an abstract of judgment serves as a legal document that summarizes a court's final decision regarding a civil case. It acts as a formal record of a judgment, providing vital information about the case and its outcome. This description will outline the essential details of Knoxville Tennessee Abstract of Judgment, highlighting its purpose, content, and different types it may encompass. Purpose: An abstract of judgment serves several crucial purposes within the legal system. Firstly, it alerts the public about a legal verdict, making it accessible for review by interested parties. Similarly, it provides transparency and ensures the debt owed or judgment rendered is a matter of public record, aiding enforcement agencies in collecting the amount due. Moreover, abstracts can be utilized as evidence of a judgment debtor's financial obligation or as a lien on their property. Content: A Knoxville Tennessee Abstract of Judgment typically includes various information necessary for identification and enforcement of the judgment. These may include: 1. Names of the parties involved: This includes the names of the plaintiff (the party filing the lawsuit) and the defendant (the party against whom the lawsuit has been filed). 2. Case number: Unique alphanumeric identification assigned to each court case, allowing for easy referencing and retrieval of relevant documents. 3. Court details: Clearly stating the name of the court in which the judgment was rendered, as well as the date of the judgment. In Knoxville, this could be the City Court, General Sessions Court, or Circuit Court. 4. Judgment amount: Precise details outlining the monetary value decided by the court that the judgment debtor owes to the judgment creditor. 5. Interest and costs: Any additional charges, interest, or court-related costs incurred during the legal proceedings or as determined by the court may be included in the abstract. 6. Date of abstract filing: This signifies the date when the abstract of judgment was officially filed with the appropriate court clerk. Types: Within Knoxville, Tennessee, there are several specific types of abstracts of judgment that may vary depending on the nature of the case: 1. Money judgments: These abstracts are related to a financial dispute where one party is obligated to pay a specific sum of money to the other party as determined by the court. 2. Property liens: In situations where the judgment debtor fails to satisfy their monetary obligation, a property lien abstract may be filed. This places a claim or encumbrance on the debtor's real estate, ensuring that the debt is secured against their property. 3. Satisfaction of judgment: Once a judgment debtor fulfills their financial obligation, a satisfaction of judgment abstract can be issued to affirm that the judgment has been settled in full. In conclusion, a Knoxville Tennessee Abstract of Judgment is a critical document summarizing the outcome of a civil lawsuit in Knoxville's courts. It plays a vital role in both informing the public about the judgment and aiding enforcement agencies in collecting debts owed. By providing relevant details like names, court information, judgment amounts, and types of abstracts, this description captures the essence of what constitutes a Knoxville Tennessee Abstract of Judgment.

Knoxville Tennessee Abstract of Judgment: A Comprehensive Overview In Knoxville, Tennessee, an abstract of judgment serves as a legal document that summarizes a court's final decision regarding a civil case. It acts as a formal record of a judgment, providing vital information about the case and its outcome. This description will outline the essential details of Knoxville Tennessee Abstract of Judgment, highlighting its purpose, content, and different types it may encompass. Purpose: An abstract of judgment serves several crucial purposes within the legal system. Firstly, it alerts the public about a legal verdict, making it accessible for review by interested parties. Similarly, it provides transparency and ensures the debt owed or judgment rendered is a matter of public record, aiding enforcement agencies in collecting the amount due. Moreover, abstracts can be utilized as evidence of a judgment debtor's financial obligation or as a lien on their property. Content: A Knoxville Tennessee Abstract of Judgment typically includes various information necessary for identification and enforcement of the judgment. These may include: 1. Names of the parties involved: This includes the names of the plaintiff (the party filing the lawsuit) and the defendant (the party against whom the lawsuit has been filed). 2. Case number: Unique alphanumeric identification assigned to each court case, allowing for easy referencing and retrieval of relevant documents. 3. Court details: Clearly stating the name of the court in which the judgment was rendered, as well as the date of the judgment. In Knoxville, this could be the City Court, General Sessions Court, or Circuit Court. 4. Judgment amount: Precise details outlining the monetary value decided by the court that the judgment debtor owes to the judgment creditor. 5. Interest and costs: Any additional charges, interest, or court-related costs incurred during the legal proceedings or as determined by the court may be included in the abstract. 6. Date of abstract filing: This signifies the date when the abstract of judgment was officially filed with the appropriate court clerk. Types: Within Knoxville, Tennessee, there are several specific types of abstracts of judgment that may vary depending on the nature of the case: 1. Money judgments: These abstracts are related to a financial dispute where one party is obligated to pay a specific sum of money to the other party as determined by the court. 2. Property liens: In situations where the judgment debtor fails to satisfy their monetary obligation, a property lien abstract may be filed. This places a claim or encumbrance on the debtor's real estate, ensuring that the debt is secured against their property. 3. Satisfaction of judgment: Once a judgment debtor fulfills their financial obligation, a satisfaction of judgment abstract can be issued to affirm that the judgment has been settled in full. In conclusion, a Knoxville Tennessee Abstract of Judgment is a critical document summarizing the outcome of a civil lawsuit in Knoxville's courts. It plays a vital role in both informing the public about the judgment and aiding enforcement agencies in collecting debts owed. By providing relevant details like names, court information, judgment amounts, and types of abstracts, this description captures the essence of what constitutes a Knoxville Tennessee Abstract of Judgment.