McKinney Texas Abstract of Judgment

State:
Texas
City:
McKinney
Control #:
TX-ND-522
Format:
PDF
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Description

This detailed sample Abstract of Judgment complies with Texas law. Adapt the language to fit your facts and circumstances. Available in Word and Rich Text formats.

The McKinney Texas Abstract of Judgment is a legal document that represents a court's decision regarding a monetary judgment against a debtor in McKinney, Texas. It serves as a record of the court's ruling and creates a lien on the debtor's non-exempt property within the jurisdiction. When a judgment is issued by a court in McKinney, Texas, the successful party can obtain an Abstract of Judgment to ensure the enforceability of the judgment. The Abstract of Judgment includes essential information such as the names of the creditor (plaintiff) and debtor (defendant), the court case number, the date of the judgment, and the amount owed. This document is crucial for creditors as it allows them to claim their owed funds from the debtor's eligible property. Once the Abstract of Judgment is filed with the county clerk's office in McKinney, it becomes a public record and creates a lien on the debtor's real property within that county. This lien alerts potential buyers or lenders that the debtor has an outstanding debt, which can significantly impact their ability to sell or transfer property. It is important to note that there are different types of McKinney Texas Abstracts of Judgment depending on the circumstances. One common type is the "General Abstract of Judgment," which applies to a monetary judgment issued in a civil court case. Another type is the "Child Support Abstract of Judgment," specifically associated with unpaid child support payments. This variation ensures that the court-ordered child support is prioritized in the event of collection proceedings. McKinney Texas Abstracts of Judgment can be renewed if necessary, typically every 10 years, to ensure their continued validity and enforceability. Additionally, the document can also be transferred between counties in Texas, enabling the creditor to pursue the debtor's property in other jurisdictions if required. To summarize, the McKinney Texas Abstract of Judgment is a legal instrument used to enforce a court-issued monetary judgment against a debtor. It acts as a lien on the debtor's non-exempt property, hindering the sale or transfer of such property until the debt is satisfactorily resolved. Different types of Abstracts of Judgment exist, including the General Abstract of Judgment and the Child Support Abstract of Judgment, each serving a specific legal purpose in McKinney, Texas.

The McKinney Texas Abstract of Judgment is a legal document that represents a court's decision regarding a monetary judgment against a debtor in McKinney, Texas. It serves as a record of the court's ruling and creates a lien on the debtor's non-exempt property within the jurisdiction. When a judgment is issued by a court in McKinney, Texas, the successful party can obtain an Abstract of Judgment to ensure the enforceability of the judgment. The Abstract of Judgment includes essential information such as the names of the creditor (plaintiff) and debtor (defendant), the court case number, the date of the judgment, and the amount owed. This document is crucial for creditors as it allows them to claim their owed funds from the debtor's eligible property. Once the Abstract of Judgment is filed with the county clerk's office in McKinney, it becomes a public record and creates a lien on the debtor's real property within that county. This lien alerts potential buyers or lenders that the debtor has an outstanding debt, which can significantly impact their ability to sell or transfer property. It is important to note that there are different types of McKinney Texas Abstracts of Judgment depending on the circumstances. One common type is the "General Abstract of Judgment," which applies to a monetary judgment issued in a civil court case. Another type is the "Child Support Abstract of Judgment," specifically associated with unpaid child support payments. This variation ensures that the court-ordered child support is prioritized in the event of collection proceedings. McKinney Texas Abstracts of Judgment can be renewed if necessary, typically every 10 years, to ensure their continued validity and enforceability. Additionally, the document can also be transferred between counties in Texas, enabling the creditor to pursue the debtor's property in other jurisdictions if required. To summarize, the McKinney Texas Abstract of Judgment is a legal instrument used to enforce a court-issued monetary judgment against a debtor. It acts as a lien on the debtor's non-exempt property, hindering the sale or transfer of such property until the debt is satisfactorily resolved. Different types of Abstracts of Judgment exist, including the General Abstract of Judgment and the Child Support Abstract of Judgment, each serving a specific legal purpose in McKinney, Texas.

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McKinney Texas Abstract of Judgment