Abstract of Judgment – What Does It Mean?
... 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 abstract the judgment means that it’s acknowledged, stamped and recorded among the real property records where the judgment debtor lives and/or owns real property. If you’re receiving an abstract of a judgment and don’t know anything...
Read MoreJudgment Lien – Will It Effect My New Home?
... lien as to your homestead. The issue of having a judgment lien against your home, however, is the least of your worries if you have a judgment entered against you in Texas. There are other things your landlord could possibly do to collect any judgment he may get against you. Many of those “other things” are very aggressive and can cause you lots of problems. But,...
Read MoreDefault Judgment – Should I Let a Credit Card Company Get One?
... asks… I live in Texas. A credit card company has filed a lawsuit against me in justice court. What happens if I don’t go to court and just let them get a default judgment? I’m not sure I want to put any effort into this case. The credit card company has already filed the lawsuit and a court date has been set. But, what will happen if I don’t show up and...
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