Bankruptcy Court but the lien on listed property is still valid
The McKinney Texas Amended Abstract of Judgment is a legal document that provides a detailed record of a court's decision regarding a financial judgment in McKinney, Texas. It serves as an official proof of debt owed to a creditor (plaintiff) by a debtor (defendant). This document is crucial for both parties involved, and any third party looking to gather information regarding the debtor's financial obligations. The McKinney Texas Amended Abstract of Judgment contains various important details, including the names and addresses of the parties involved, the court case number, the date of the judgment, and the amount owed by the debtor to the creditor. It also includes information about any applicable interest rates, attorney fees, and court costs associated with the judgment. One type of McKinney Texas Amended Abstract of Judgment is the "Regular Abstract of Judgment," which captures the initial judgment entered by the court. This version serves as the official record of the court's decision and outlines the debtor's liability to the creditor. In some cases, the court may require amendments to be made to the original judgment, leading to the creation of an amended abstract of judgment. Another type is the "Amended Abstract of Judgment," which is issued when modifications or corrections need to be made to the initial judgment or any previous amendments. These modifications could include rectifying errors in the amount owed, updating interest rates, or adjusting attorney fees and court costs. The amended abstract of judgment ensures that the accurate and up-to-date information is reflected, providing clarity to all parties involved and any interested third parties. It is important to note that the McKinney Texas Amended Abstract of Judgment is a public record, allowing interested parties to access information about the debtor's financial liabilities. Creditors may utilize this document to enforce the judgment and potentially pursue collection actions, such as garnishing wages or placing liens on the debtor's property. In conclusion, the McKinney Texas Amended Abstract of Judgment is a legal document that provides a comprehensive record of a court's financial judgment in McKinney, Texas. It outlines the obligations of the debtor to the creditor and is crucial for all parties involved. Different types of abstracts include the "Regular Abstract of Judgment" and the "Amended Abstract of Judgment," the latter being issued when modifications to the initial judgment are necessary. Understanding this document is vital for individuals seeking information related to financial judgments in McKinney, Texas.
