Lewisville Texas Abstract of Judgment

• Category: Texas Court Samples - Civil Procedure - Judgments
• State: Texas
• City: Lewisville
• Control #: TX-JW-0010
• Format: PDF

Description

Abstract of Judgment Lewisville Texas Abstract of Judgment is a legal document that provides detailed information about a judgment obtained by a creditor against a debtor in Lewisville, Texas. This document acts as an official record and is typically filed with the county clerk's office to create a lien against any real property owned by the debtor in the county. An abstract of judgment includes essential details related to the debt, court case, and judgment. These details often consist of the names of both parties involved (creditor and debtor), the court case number, the date the judgment was awarded, the amount of the judgment debt, and any applicable interest or fees. This document is crucial for creditors as it enables them to establish legal rights over the debtor's property, which ensures the fulfillment of the outstanding debt. By filing an abstract of judgment, creditors can secure their position as priority claimants when the debtor's property is sold or refinanced. It is important to note that there are different types of abstracts of judgment applicable in Lewisville, Texas, including: 1. General Abstract of Judgment: This is the most common type of abstract that encompasses all types of debts and judgments obtained from various legal actions, such as contracts, personal injury cases, or commercial disputes. 2. Child Support Abstract of Judgment: This type of abstract is specific to child support obligations. It allows the Child Support Enforcement Agency to have a lien against the delinquent parent's property until the outstanding child support amount is paid. 3. Medical Lien Abstract of Judgment: Healthcare providers often use this type of abstract to secure unpaid medical bills. By filing this document, medical professionals can potentially collect the outstanding debt when the debtor's property is sold or refinanced. Overall, Lewisville Texas Abstract of Judgment acts as a powerful tool for creditors to protect their interests and enforce the repayment of debts. It provides a comprehensive overview of the judgment debt and allows creditors to take appropriate legal actions to recover their funds.

Lewisville Texas Abstract of Judgment is a legal document that provides detailed information about a judgment obtained by a creditor against a debtor in Lewisville, Texas. This document acts as an official record and is typically filed with the county clerk's office to create a lien against any real property owned by the debtor in the county. An abstract of judgment includes essential details related to the debt, court case, and judgment. These details often consist of the names of both parties involved (creditor and debtor), the court case number, the date the judgment was awarded, the amount of the judgment debt, and any applicable interest or fees. This document is crucial for creditors as it enables them to establish legal rights over the debtor's property, which ensures the fulfillment of the outstanding debt. By filing an abstract of judgment, creditors can secure their position as priority claimants when the debtor's property is sold or refinanced. It is important to note that there are different types of abstracts of judgment applicable in Lewisville, Texas, including: 1. General Abstract of Judgment: This is the most common type of abstract that encompasses all types of debts and judgments obtained from various legal actions, such as contracts, personal injury cases, or commercial disputes. 2. Child Support Abstract of Judgment: This type of abstract is specific to child support obligations. It allows the Child Support Enforcement Agency to have a lien against the delinquent parent's property until the outstanding child support amount is paid. 3. Medical Lien Abstract of Judgment: Healthcare providers often use this type of abstract to secure unpaid medical bills. By filing this document, medical professionals can potentially collect the outstanding debt when the debtor's property is sold or refinanced. Overall, Lewisville Texas Abstract of Judgment acts as a powerful tool for creditors to protect their interests and enforce the repayment of debts. It provides a comprehensive overview of the judgment debt and allows creditors to take appropriate legal actions to recover their funds.