Judgment Lien in Texas – Does It Attach to My Home?
William asks… Can a credit card company put a judgment lien your home if they win a judgment in Texas? A credit card company won a judgment against me in Texas. It is registered with the county clerk. Does this mean there is a judgment lien in Texas on my property? Harvey L. Cox answers: If by ”registered with the county clerk” you mean that the company recorded an...
Read MoreAbstract of Judgment – What Is It?
Donald asks… What does it mean when I get a Notice that a Civil Abstract Of Judgment was Issued? I did recently get sued but I didn’t bother going to court because I couldn’t afford a lawyer. Besides, I did owe the debt I just didn’t pay it. Now I get a notice saying that an abstract has been issued. What does that mean and should I be concerned? Harvey L. Cox...
Read MoreHomestead Law – How Does It Work in Texas?
Laura asks… My husband may be laid off and I’m concerned how the homestead law works in Texas? My husband has a very good chance of being laid off in the next few weeks/months. We have a loan that was taken out in his name only for about $8000. If he gets laid off, we will not have enough money to pay this loan each month. We have two small children and I am not working. My question...
Read MoreAbstract of Judgment – An Effective Judgment Collection Tool in Texas
Abstract of Judgment in Texas In Texas your money judgment against an individual or corporation does not automatically create a lien on your judgment debtor’s property. You can, however, create such a lien by preparing and filing an abstract of judgment. An abstract is simply a written summary of your judgment. The abstract states how much the judgment debtor owes you and gives the...
Read MoreJudgment Proof Yourself with a Tenancy by the Entirety?
Judgment Proof Questions I get a lot of questions from Texas judgment debtors on the issue of how to be judgment proof. Most of the questions are about how to rearrange ownership of real estate so as to avoid the foreclosure of a judgment lien against the property. Recently, several questions have been raised about using a tenancy by the entirety to make oneself judgment proof. Let me start...
Read MoreAbstract of Judgment – What Does It Mean?
Susan asks… What is an abstract of judgment? I just received a legal document in the mail. It says it’s an abstract of judgment. What is it? What does it mean? Harvey L. Cox answers: An abstract of judgment is simply a written summary of a judgment. It states the amount of money the judgment debtor owes, the amount of interest and the amount due for court costs. To...
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