If an owner of an interest in real property has had a judgment obtained against the owner, this form addresses a release of that judgment lien.
Wake North Carolina Release of Judgment Lien is a legal document that allows the owner of a property to remove a previously filed judgment lien against their property. This release is crucial for individuals who have satisfied their debts and wish to regain clear ownership of their property. In Wake County, North Carolina, there are primarily two types of Release of Judgment Lien: 1. Voluntary Release of Judgment Lien: This type of release involves the judgment creditor, the party who filed the lien, voluntarily agreeing to release the lien. The creditor acknowledges that the debt has been fully paid or otherwise satisfied, and they willingly remove the lien from the property. 2. Court-Ordered Release of Judgment Lien: In some cases, a judgment debtor may file a motion with the court requesting the release of a judgment lien. This typically occurs when there is evidence that the lien has been improperly filed or when the judgment creditor fails to voluntarily release the lien after the debt has been satisfied. The Wake North Carolina Release of Judgment Lien document contains essential information such as the names and contact details of both the judgment creditor and the judgment debtor, the property details, the amount of the debt, the date and court where the judgment was entered, and the legal description of the property. Additionally, it includes a statement that the judgment lien is released and discharged. To proceed with the release process, the judgment debtor must complete the Wake North Carolina Release of Judgment Lien form accurately, ensuring all the required information is provided. Once completed, the form should be submitted to the Clerk of Court's office in Wake County for recording. This officially removes the judgment lien from the property's title and restores clear ownership to the judgment debtor. It is important to note that the process and requirements for a Release of Judgment Lien may vary between different counties in North Carolina. Therefore, it is crucial to consult with an attorney or conduct thorough research to ensure compliance with the specific rules and procedures applicable in Wake County.Wake North Carolina Release of Judgment Lien is a legal document that allows the owner of a property to remove a previously filed judgment lien against their property. This release is crucial for individuals who have satisfied their debts and wish to regain clear ownership of their property. In Wake County, North Carolina, there are primarily two types of Release of Judgment Lien: 1. Voluntary Release of Judgment Lien: This type of release involves the judgment creditor, the party who filed the lien, voluntarily agreeing to release the lien. The creditor acknowledges that the debt has been fully paid or otherwise satisfied, and they willingly remove the lien from the property. 2. Court-Ordered Release of Judgment Lien: In some cases, a judgment debtor may file a motion with the court requesting the release of a judgment lien. This typically occurs when there is evidence that the lien has been improperly filed or when the judgment creditor fails to voluntarily release the lien after the debt has been satisfied. The Wake North Carolina Release of Judgment Lien document contains essential information such as the names and contact details of both the judgment creditor and the judgment debtor, the property details, the amount of the debt, the date and court where the judgment was entered, and the legal description of the property. Additionally, it includes a statement that the judgment lien is released and discharged. To proceed with the release process, the judgment debtor must complete the Wake North Carolina Release of Judgment Lien form accurately, ensuring all the required information is provided. Once completed, the form should be submitted to the Clerk of Court's office in Wake County for recording. This officially removes the judgment lien from the property's title and restores clear ownership to the judgment debtor. It is important to note that the process and requirements for a Release of Judgment Lien may vary between different counties in North Carolina. Therefore, it is crucial to consult with an attorney or conduct thorough research to ensure compliance with the specific rules and procedures applicable in Wake County.
