The Bexar Texas Partial Release of Judgment Lien is a legal document that allows a creditor to release a portion of their judgment lien against a debtor's property. This release is typically granted when the debtor has made a partial payment towards the outstanding debt, and the creditor agrees to release a specific property from the lien. In Bexar County, Texas, there are different types of partial releases of judgment liens available to creditors. These include: 1. Partial Release of Real Property Lien: This type of release allows a creditor to release a specific parcel of real estate from the judgment lien. This can occur when the debtor has made a partial payment towards the debt and the creditor agrees to release their claim on that particular property. 2. Partial Release of Personal Property Lien: In cases where the judgment lien is attached to personal property (e.g., vehicles, equipment, or other movable assets), a creditor may opt for a partial release. This enables the debtor to retain ownership and use of a portion of their personal property by releasing the lien on that specific asset. 3. Partial Release of Bank Account Lien: If a judgment lien has been placed on a debtor's bank account, a partial release may be granted by the creditor. This allows the debtor to access and use a portion of the funds in the account without them being subject to the lien. It is important to note that a Bexar Texas Partial Release of Judgment Lien does not entirely remove the debtor's liability for the outstanding debt. The remaining portion of the judgment lien remains in effect, and the debtor is still responsible for paying off the remaining balance. In order to obtain a Bexar Texas Partial Release of Judgment Lien, creditors must follow the appropriate legal procedures and file the necessary paperwork with the Bexar County Court. It is advisable for both parties involved (creditor and debtor) to seek legal counsel to ensure the correct steps are taken and all legal requirements are met. Keywords: Bexar Texas, partial release, judgment lien, creditors, debtor, property, real property, personal property, bank account lien, Bexar County Court, legal counsel.
Bexar Texas Partial Release of Judgment Lien
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