The Austin Texas Abstract of Judgment is a legal document that provides a summary of a judgment that has been entered by a court in Austin, Texas. It serves as evidence that a monetary judgment has been obtained by one party (the judgment creditor) against another (the judgment debtor). An Abstract of Judgment in Austin, Texas contains important information such as the names of the parties involved, the case number, the date the judgment was entered, and the amount of money owed by the judgment debtor. It also includes any applicable interest that may have accrued on the judgment. Moreover, there are different types of Abstracts of Judgment in Austin, Texas depending on certain circumstances. Some common types include: 1. Regular Abstract of Judgment: This is the standard type of Abstract of Judgment issued after a judgment has been entered. It establishes a lien on the judgment debtor's non-exempt real property in Travis County, Texas. This means that if the judgment debtor owns any real estate in Travis County, the Abstract of Judgment will be recorded in the real estate records, publicly notifying potential buyers or lenders of the existing debt. 2. Release of Abstract of Judgment: If the judgment creditor has been fully paid, they can request a Release of Abstract of Judgment. This document acknowledges that the debt has been satisfied and removes the lien from the judgment debtor's property. 3. Abstract of Judgment on Appeal: If the judgment debtor has filed an appeal, a separate Abstract of Judgment on Appeal is issued to reflect the pending appeal status. This document will be required to record a lien on the judgment debtor's property during the appeal process. It is important to note that different counties in Texas may have slightly different procedures or requirements for obtaining and recording an Abstract of Judgment. Therefore, it is advisable to check the specific regulations and guidelines for Austin, Texas before initiating the process. Hiring an attorney or seeking legal guidance is recommended to ensure proper compliance with the rules and accurate completion of the Abstract of Judgment.
The Austin Texas Abstract of Judgment is a legal document that provides a summary of a judgment that has been entered by a court in Austin, Texas. It serves as evidence that a monetary judgment has been obtained by one party (the judgment creditor) against another (the judgment debtor). An Abstract of Judgment in Austin, Texas contains important information such as the names of the parties involved, the case number, the date the judgment was entered, and the amount of money owed by the judgment debtor. It also includes any applicable interest that may have accrued on the judgment. Moreover, there are different types of Abstracts of Judgment in Austin, Texas depending on certain circumstances. Some common types include: 1. Regular Abstract of Judgment: This is the standard type of Abstract of Judgment issued after a judgment has been entered. It establishes a lien on the judgment debtor's non-exempt real property in Travis County, Texas. This means that if the judgment debtor owns any real estate in Travis County, the Abstract of Judgment will be recorded in the real estate records, publicly notifying potential buyers or lenders of the existing debt. 2. Release of Abstract of Judgment: If the judgment creditor has been fully paid, they can request a Release of Abstract of Judgment. This document acknowledges that the debt has been satisfied and removes the lien from the judgment debtor's property. 3. Abstract of Judgment on Appeal: If the judgment debtor has filed an appeal, a separate Abstract of Judgment on Appeal is issued to reflect the pending appeal status. This document will be required to record a lien on the judgment debtor's property during the appeal process. It is important to note that different counties in Texas may have slightly different procedures or requirements for obtaining and recording an Abstract of Judgment. Therefore, it is advisable to check the specific regulations and guidelines for Austin, Texas before initiating the process. Hiring an attorney or seeking legal guidance is recommended to ensure proper compliance with the rules and accurate completion of the Abstract of Judgment.
