Fort Worth Texas Abstract of Judgment

• Category: Texas Court Samples - Real Estate - Foreclosures - Assessments - Sample Case 1
• State: Texas
• City: Fort Worth
• Control #: TX-G0154
• Format: PDF

Description

A11 Abstract of Judgment Fort Worth Texas Abstract of Judgment is a legal document that represents a court judgment against a debtor in Tarrant County, Texas. It serves as a notice to the public that a judgment has been entered against an individual or entity and provides the creditor with the right to collect the judgment debt from the debtor's assets. An Abstract of Judgment is typically filed by a creditor after obtaining a favorable judgment in a civil case. The abstract includes essential information, such as the names of the parties involved, the case number, the date of the judgment, the amount of money owed (including any interest or fees), and the court where the judgment was entered. It essentially acts as a tangible record of the judgment for future reference. The purpose of filing an Abstract of Judgment is to create a lien against the debtor's real property located in Tarrant County, Texas. This means that if the debtor owns any property in the county, such as a house or land, the creditor's claim will be secured by a lien on that property. If the debtor attempts to sell the property, the Abstract of Judgment must be satisfied (paid) before the property can be transferred to another individual or entity. There are several types of Abstracts of Judgment that may be issued in Fort Worth, Texas, depending on the specific circumstances: 1. General Abstract of Judgment: This is the most common type of Abstract of Judgment and applies in cases where the judgment is based on a debt owed by the debtor. It is typically filed when the debtor fails to pay a monetary judgment within the timeframe set by the court. 2. Child Support Abstract of Judgment: This type of Abstract of Judgment is used in cases where the judgment is related to unpaid child support or alimony payments. It ensures that the delinquent payments are secured by a lien on the debtor's property. 3. Tax Abstract of Judgment: This type of Abstract of Judgment is typically issued by the Internal Revenue Service (IRS) or the Texas Comptroller of Public Accounts when the debtor owes unpaid taxes. It provides the government with the authority to collect the owed taxes from the debtor's assets. It is important to note that filing an Abstract of Judgment does not guarantee immediate payment. Furthermore, it merely establishes the creditor's right to collect the debt from the debtor's assets if and when they become available. The creditor may still need to take further legal action, such as wage garnishment or bank account levies, to enforce the judgment and ensure payment.

Fort Worth Texas Abstract of Judgment is a legal document that represents a court judgment against a debtor in Tarrant County, Texas. It serves as a notice to the public that a judgment has been entered against an individual or entity and provides the creditor with the right to collect the judgment debt from the debtor's assets. An Abstract of Judgment is typically filed by a creditor after obtaining a favorable judgment in a civil case. The abstract includes essential information, such as the names of the parties involved, the case number, the date of the judgment, the amount of money owed (including any interest or fees), and the court where the judgment was entered. It essentially acts as a tangible record of the judgment for future reference. The purpose of filing an Abstract of Judgment is to create a lien against the debtor's real property located in Tarrant County, Texas. This means that if the debtor owns any property in the county, such as a house or land, the creditor's claim will be secured by a lien on that property. If the debtor attempts to sell the property, the Abstract of Judgment must be satisfied (paid) before the property can be transferred to another individual or entity. There are several types of Abstracts of Judgment that may be issued in Fort Worth, Texas, depending on the specific circumstances: 1. General Abstract of Judgment: This is the most common type of Abstract of Judgment and applies in cases where the judgment is based on a debt owed by the debtor. It is typically filed when the debtor fails to pay a monetary judgment within the timeframe set by the court. 2. Child Support Abstract of Judgment: This type of Abstract of Judgment is used in cases where the judgment is related to unpaid child support or alimony payments. It ensures that the delinquent payments are secured by a lien on the debtor's property. 3. Tax Abstract of Judgment: This type of Abstract of Judgment is typically issued by the Internal Revenue Service (IRS) or the Texas Comptroller of Public Accounts when the debtor owes unpaid taxes. It provides the government with the authority to collect the owed taxes from the debtor's assets. It is important to note that filing an Abstract of Judgment does not guarantee immediate payment. Furthermore, it merely establishes the creditor's right to collect the debt from the debtor's assets if and when they become available. The creditor may still need to take further legal action, such as wage garnishment or bank account levies, to enforce the judgment and ensure payment.