Are you looking to understand the process of a Wake North Carolina Release of Judgment Lien — By Creditor? We have all the information you need! In Wake County, North Carolina, a Release of Judgment Lien is a crucial legal document that removes the lien placed on a debtor's property by a creditor who filed a judgment lien. This article will provide you with a detailed description of what a Wake North Carolina Release of Judgment Lien — By Creditor entails, along with some essential keywords related to this topic. A Release of Judgment Lien — By Creditor in Wake County is typically filed when a judgment lien, obtained through a court judgment against a debtor, has been satisfied or is being released for other reasons. This legal document is filed by the creditor in the Wake County Clerk of Court's office, officially releasing the debtor's property from the encumbrance of the judgment lien. Once filed, the Release of Judgment Lien — By Creditor serves as evidence that the creditor no longer has a legal claim on the debtor's property. Keywords: 1. Wake County, North Carolina 2. Release of Judgment Lien 3. Wake County Clerk of Court 4. Creditor 5. Debtor 6. Judgment Lien 7. Satisfied Judgment Lien 8. Court Judgment 9. Legal Document 10. Encumbrance Types of Wake North Carolina Release of Judgment Lien — By Creditor: 1. Release of Judgment Lien Creditto— - Satisfaction of Debt: This type of release is filed when the debtor has fully satisfied the judgment lien, typically by paying the outstanding debt in full or following a settlement agreement with the creditor. 2. Release of Judgment Lien Creditto— - Bankruptcy Discharge: If a judgment lien is discharged during the debtor's bankruptcy proceedings, the creditor may file this type of release to indicate that the lien is no longer valid. 3. Release of Judgment Lien Creditto— - Invalid or Mistaken Lien: In certain cases, a creditor may realize that the judgment lien was erroneously filed or is invalid. The creditor can file this release to correct the mistake and remove the lien from the debtor's property. Understanding the Wake North Carolina Release of Judgment Lien — By Creditor is crucial for both creditors and debtors involved in legal disputes. It helps protect the debtor's property rights and ensures that creditors accurately represent their claims. If you find yourself in such a situation in Wake County, North Carolina, seek legal counsel to assist you with the accurate filing of a Release of Judgment Lien — By Creditor to resolve any outstanding obligations.