Frisco Texas Amended Abstract of Judgment

• Category: Texas Civil Procedure - Abstracts
• State: Texas
• City: Frisco
• Control #: TX-LR005T
• Format: Word; Rich Text

Description

The Amended Abstract shows judgment was discharged by The Bankruptcy Court but the lien on listed property is still valid Bankruptcy Court but the lien on listed property is still valid Frisco Texas Amended Abstract of Judgment is a legal document that is used to enforce and collect a judgment against a debtor in Frisco, Texas. It provides detailed information regarding the judgment, including the names of the parties involved, the date the judgment was granted, the amount of the judgment, and any additional costs or interest incurred. An abstract of judgment acts as a lien on the debtor's property, making it a useful tool for creditors to ensure they receive payment for their outstanding debts. The amended version of this document is used when there are modifications, updates, or changes that need to be made to the original judgment. These amendments could include adjustments to the amount owed, changes in payment terms, or any other relevant modifications. In Frisco, Texas, there are various types of Amended Abstracts of Judgment that may be filed depending on the specific circumstances of the case. Some common types include: 1. Amended Abstract of Judgment for Increase of Amount Owed: This type of amended abstract is filed when the creditor has successfully obtained a judgment for an increased amount than the original judgment. It reflects the updated amount owed by the debtor. 2. Amended Abstract of Judgment for Change in Payment Terms: If there is a need to modify the payment terms specified in the original judgment, such as extending the payment period or modifying the payment schedule, an amended abstract is filed to document these changes. 3. Amended Abstract of Judgment for Correction of Errors: In cases where errors or inaccuracies are found in the original judgment, an amended abstract is filed to correct these mistakes. 4. Amended Abstract of Judgment for Release or Partial Release: When the outstanding debt is fully paid off or partially paid, an amended abstract can be filed to release the lien on the debtor's property accordingly. Filing an amended abstract of judgment ensures that the most accurate and up-to-date information is recorded regarding the judgment, allowing both parties involved to have a clear understanding of the financial obligations and ensuring proper enforcement of the judgment. In summary, Frisco Texas Amended Abstract of Judgment is a legal document used to modify, update, or correct a judgment in Frisco, Texas. It serves as a lien on the debtor's property providing creditors with a means to collect outstanding debts. Different types of amended abstracts exist to address different scenarios such as changes in payment terms, corrections of errors, increase or decrease in amounts owed, and release or partial release of the judgment lien.

Frisco Texas Amended Abstract of Judgment is a legal document that is used to enforce and collect a judgment against a debtor in Frisco, Texas. It provides detailed information regarding the judgment, including the names of the parties involved, the date the judgment was granted, the amount of the judgment, and any additional costs or interest incurred. An abstract of judgment acts as a lien on the debtor's property, making it a useful tool for creditors to ensure they receive payment for their outstanding debts. The amended version of this document is used when there are modifications, updates, or changes that need to be made to the original judgment. These amendments could include adjustments to the amount owed, changes in payment terms, or any other relevant modifications. In Frisco, Texas, there are various types of Amended Abstracts of Judgment that may be filed depending on the specific circumstances of the case. Some common types include: 1. Amended Abstract of Judgment for Increase of Amount Owed: This type of amended abstract is filed when the creditor has successfully obtained a judgment for an increased amount than the original judgment. It reflects the updated amount owed by the debtor. 2. Amended Abstract of Judgment for Change in Payment Terms: If there is a need to modify the payment terms specified in the original judgment, such as extending the payment period or modifying the payment schedule, an amended abstract is filed to document these changes. 3. Amended Abstract of Judgment for Correction of Errors: In cases where errors or inaccuracies are found in the original judgment, an amended abstract is filed to correct these mistakes. 4. Amended Abstract of Judgment for Release or Partial Release: When the outstanding debt is fully paid off or partially paid, an amended abstract can be filed to release the lien on the debtor's property accordingly. Filing an amended abstract of judgment ensures that the most accurate and up-to-date information is recorded regarding the judgment, allowing both parties involved to have a clear understanding of the financial obligations and ensuring proper enforcement of the judgment. In summary, Frisco Texas Amended Abstract of Judgment is a legal document used to modify, update, or correct a judgment in Frisco, Texas. It serves as a lien on the debtor's property providing creditors with a means to collect outstanding debts. Different types of amended abstracts exist to address different scenarios such as changes in payment terms, corrections of errors, increase or decrease in amounts owed, and release or partial release of the judgment lien.