Pearland Texas Abstract of Judgment

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

Description

A11 Abstract of Judgment Pearland Texas Abstract of Judgment is a legal document that reflects a court's decision regarding a debt owed by an individual or entity to another party. It serves as a written evidence of the court's judgment and can be used as a means of debt collection. The abstract of judgment is typically filed with the county clerk's office in Pearland, Texas, to create a public record of the debt. Keywords: Pearland Texas, Abstract of Judgment, legal document, court's decision, debt, individual, entity, evidence, judgment, debt collection, filed, county clerk's office, public record. There are two main types of Pearland Texas Abstracts of Judgment: 1. Personal Abstract of Judgment: This type of abstract of judgment is issued against an individual who owes a debt to another party. It could be a result of various legal proceedings such as a civil lawsuit, breach of contract, or unpaid loans. Once the abstract is filed with the county clerk's office, it becomes a public record, allowing the creditor to pursue collection actions against the debtor, such as wage garnishment or property liens. 2. Business Abstract of Judgment: This type of abstract of judgment is issued against a business entity that has failed to repay a debt. It could be a small business, corporation, or partnership. Similar to a personal abstract, the business abstract creates a public record that allows the creditor to initiate collection methods, including seizing business assets or placing liens on the company's property. It is important to note that Pearland Texas Abstracts of Judgment are enforceable for ten years from the date they are filed. If the debt remains unpaid, the creditor can seek to renew the abstract before it expires to extend their ability to collect on the debt. In summary, Pearland Texas Abstract of Judgment is a legal document that represents a court's decision regarding a debt owed by an individual or business entity. It is filed with the county clerk's office to create a public record and enables creditors to pursue various collection actions to recover the owed amount.

Pearland Texas Abstract of Judgment is a legal document that reflects a court's decision regarding a debt owed by an individual or entity to another party. It serves as a written evidence of the court's judgment and can be used as a means of debt collection. The abstract of judgment is typically filed with the county clerk's office in Pearland, Texas, to create a public record of the debt. Keywords: Pearland Texas, Abstract of Judgment, legal document, court's decision, debt, individual, entity, evidence, judgment, debt collection, filed, county clerk's office, public record. There are two main types of Pearland Texas Abstracts of Judgment: 1. Personal Abstract of Judgment: This type of abstract of judgment is issued against an individual who owes a debt to another party. It could be a result of various legal proceedings such as a civil lawsuit, breach of contract, or unpaid loans. Once the abstract is filed with the county clerk's office, it becomes a public record, allowing the creditor to pursue collection actions against the debtor, such as wage garnishment or property liens. 2. Business Abstract of Judgment: This type of abstract of judgment is issued against a business entity that has failed to repay a debt. It could be a small business, corporation, or partnership. Similar to a personal abstract, the business abstract creates a public record that allows the creditor to initiate collection methods, including seizing business assets or placing liens on the company's property. It is important to note that Pearland Texas Abstracts of Judgment are enforceable for ten years from the date they are filed. If the debt remains unpaid, the creditor can seek to renew the abstract before it expires to extend their ability to collect on the debt. In summary, Pearland Texas Abstract of Judgment is a legal document that represents a court's decision regarding a debt owed by an individual or business entity. It is filed with the county clerk's office to create a public record and enables creditors to pursue various collection actions to recover the owed amount.