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.
San Angelo Texas Abstract of Judgment is a legal document used in the state of Texas to establish a lien on real property. This lien is filed by a judgment creditor, who is typically a person or entity that has obtained a favorable judgment against a debtor in a court of law. The Abstract of Judgment serves as a notice to the public that the creditor has a legal claim on the debtor's property. Keywords: San Angelo Texas, Abstract of Judgment, lien, real property, judgment creditor, favorable judgment, court of law, notice, legal claim. There are two types of San Angelo Texas Abstract of Judgment: 1. Real Property Abstract of Judgment: This type of Abstract of Judgment is filed with the county clerk's office and becomes a public record. It creates a lien on all the real property owned by the debtor within the county where it is filed. This means that if the debtor tries to sell or transfer their property, the creditor's claim must be satisfied first from the proceeds of the sale. 2. Personal Property Abstract of Judgment: Unlike the Real Property Abstract of Judgment, this type does not create a specific lien on real estate. Instead, it allows the judgment creditor to seize and sell the debtor's personal property, such as vehicles, boats, or valuable assets, to satisfy the judgment. The creditor can execute this type of Abstract of Judgment by obtaining a writ of execution from the court and then working with a sheriff or constable to proceed with the seizure and sale of the debtor's personal property. It is important to note that both types of Abstracts of Judgment have a specific validity period. In Texas, the Real Property Abstract of Judgment remains valid for ten years from the date it is filed, while the Personal Property Abstract of Judgment is valid for five years. After these time frames, the creditor may need to file for an extension to maintain the lien and enforcement rights. In summary, the San Angelo Texas Abstract of Judgment is a legal document used to establish a lien on real or personal property, depending on the type filed. The purpose is to notify the public that the creditor has a legal claim on the debtor's property and allows the creditor to seek satisfaction through the sale of the property or other means.San Angelo Texas Abstract of Judgment is a legal document used in the state of Texas to establish a lien on real property. This lien is filed by a judgment creditor, who is typically a person or entity that has obtained a favorable judgment against a debtor in a court of law. The Abstract of Judgment serves as a notice to the public that the creditor has a legal claim on the debtor's property. Keywords: San Angelo Texas, Abstract of Judgment, lien, real property, judgment creditor, favorable judgment, court of law, notice, legal claim. There are two types of San Angelo Texas Abstract of Judgment: 1. Real Property Abstract of Judgment: This type of Abstract of Judgment is filed with the county clerk's office and becomes a public record. It creates a lien on all the real property owned by the debtor within the county where it is filed. This means that if the debtor tries to sell or transfer their property, the creditor's claim must be satisfied first from the proceeds of the sale. 2. Personal Property Abstract of Judgment: Unlike the Real Property Abstract of Judgment, this type does not create a specific lien on real estate. Instead, it allows the judgment creditor to seize and sell the debtor's personal property, such as vehicles, boats, or valuable assets, to satisfy the judgment. The creditor can execute this type of Abstract of Judgment by obtaining a writ of execution from the court and then working with a sheriff or constable to proceed with the seizure and sale of the debtor's personal property. It is important to note that both types of Abstracts of Judgment have a specific validity period. In Texas, the Real Property Abstract of Judgment remains valid for ten years from the date it is filed, while the Personal Property Abstract of Judgment is valid for five years. After these time frames, the creditor may need to file for an extension to maintain the lien and enforcement rights. In summary, the San Angelo Texas Abstract of Judgment is a legal document used to establish a lien on real or personal property, depending on the type filed. The purpose is to notify the public that the creditor has a legal claim on the debtor's property and allows the creditor to seek satisfaction through the sale of the property or other means.