What Is A Judgement Lien? In today's video, we're diving into the world of judgement liens – a powerful legal recourse for creditors. When a debtor fails to pay up after losing a court case, a judgement lien can be the key to ensuring that the creditor gets what they're owed. This lien attaches to the debtor's property, signaling that there's a debt to be settled before any sale or transfer can happen cleanly.
Understanding how to obtain a judgement lien, its duration, and the process of lien release is crucial, especially if you're involved in a legal dispute over debts or considering purchasing property. Our video will guide you through the steps of securing a judgement lien and the importance of checking local laws, as these can vary from state to state. Plus, we'll explain why it's essential to be aware of any judgement liens before buying property – it's all about avoiding those unpleasant surprises!
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