The Memphis Tennessee Abstract of Judgment is a legal document that provides a summary or condensed version of a court judgment or decree. It serves as an official record of a debt owed by a judgment debtor to a judgment creditor in a civil lawsuit. The abstract includes essential details regarding the judgment, such as the names of the parties involved, the court case number, the date of the judgment, and the amount owed. In Memphis, Tennessee, there are different types of Abstracts of Judgment, primarily categorized based on the court involved. These can include: 1. General Sessions Civil Abstract of Judgment: This abstract is issued by the General Sessions Court after a judgment is entered in a civil case. It outlines the monetary judgment against the debtor and attaches to any property the debtor owns within the county, potentially impacting their credit rating. 2. Circuit Court Abstract of Judgment: This type of abstract is issued by the Circuit Court after a judgment is obtained in a civil case. It serves as a lien against the debtor's property located within the county, potentially affecting any future real estate transactions they undertake. 3. Chancery Court Abstract of Judgment: Issued by the Chancery Court, this abstract functions similarly to the Circuit Court Abstract of Judgment and serves as a lien against the debtor's real property within the county. In addition to the above types, it is important to note that Abstracts of Judgment can have different variations and names depending on the jurisdiction and specific court procedures. However, the purpose of all these variations remains consistent: to formally document and enforce the judgment debt owed by a judgment debtor to a judgment creditor. Keywords: Memphis, Tennessee, Abstract of Judgment, legal document, court judgment, court decree, debt, judgment debtor, judgment creditor, civil lawsuit, summary, condensed version, official record, parties involved, court case number, amount owed, General Sessions Civil Abstract of Judgment, Circuit Court Abstract of Judgment, Chancery Court Abstract of Judgment, lien, property.
Memphis Tennessee Abstract of Judgment
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How to fill out Memphis Tennessee Abstract Of Judgment?
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