Dallas Texas Release of Judgment Lien
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How to fill out Release Of Judgment Lien?
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FAQ
A release of judgment lien indicates that the lien no longer applies to your property. It is a formal process often initiated after you have settled your debt. By obtaining a release, you gain clear title to your property, crucial for any future transactions. Utilizing resources like USLegalForms can streamline this process for your Dallas Texas Release of Judgment Lien.
In Texas, this must be filed within 14 days of the judgment. Essentially, in a motion to vacate, you would be giving the Court a reason to set aside the judgment and keep the lawsuit active. If the Court thinks the reason you have given is a good one, the judgment will be vacated.
A judgment lien lasts for ten years. According to Section 52.001 of the Texas Property Code, a judgment lien cannot attach to any real property that is exempt from seizure or forced sale under Chapter 41 of the Texas Property Code.
Judgment liens in Texas expire after ten years, as do federal tax liens, and both stay attached to the property even it if changes owners. A mortgage lien remains valid on a property until the debt is paid in full. Also, many liens may be renewed before they expire.
A judgment can remain on your credit report as long as it is valid or active. In Texas, judgments are valid (active) for at least 10 years and they can be renewed for another 10 years after that, and then another 10 year after that, and so on, indefinitely.
How can I find out if there is a lien on my property? Information concerning liens recorded against a property may be researched by the public in the County Clerk's Deed Records Department located at 101 W. Nueva, Suite B109, San Antonio, TX 78205, or visit our website.
Your mortgage company should send you a release of lien, and it must be filed with the County Clerk 214-653-7275. If you do not receive a tax statement by mid-November, go to the Property Tax Lookup/Payment Application, or call our Customer Care 214-653-7811.
It's done by filing an abstract of judgement with the county you live in. You would have a very difficult time selling any property that has a lien like this on it. You can get a partial release of a lien that resulted due to a judgement against you in Texas if the property is a homestead.
If the project is located in Dallas county, then yes, you will want to record your lien with the Dallas County Clerk's office.
If you pay the full amount owed before that time, the judgment will be removed from your credit report as soon as the credit bureau receives either proof of payment from the credit provider or a valid court order rescinding the judgment.
