Texas Judgment Collection Center » default judgment

Abstract of Judgment – What Does It Mean?

Harvey L. Cox — Fri, 11 Nov 2011 22:29:38 +0000

... 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 about it, you likely failed to respond to a lawsuit that was filed against you and the Plaintiff obtained a default judgment against you. Greatest Concern with an Abstract of Judgment The biggest concern for you at this time is what a judgment creditor can do with an abstract of a judgment against you. As I said above, by recording the abstract in all counties where you own real estate your judgment credit is placing a lien on your property. Unless you real estate is exempt, the lien placed on it by the abstract will allow your judgment creditor to foreclose on the property. By foreclosing on ...

Tags: non-exempt real property, exempt real estate, judgment creditor, default judgment, abstract of judgment

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Judgment Lien – Will It Effect My New Home?

Harvey L. Cox — Fri, 11 Nov 2011 19:18:24 +0000

Ken asks… Can a former landlord put a judgment lien on my new home in Texas? I have a former landlord who claims I damaged his rental property. He is threatening to sue me. I have just bought a new home and I’m concerned about having a judgment lien on it. If he sues me and wins, can he put a lien on my new home? Harvey L. Cox answers: Avoid the Judgment Lien in the First Place First things first … if your former landlord does sue you and you dispute the claim, then you definitely need to show up in court and present your dispute. Depending on how much he claims you owe, you may even considering hiring a lawyer to put on an aggressive defense for you. The most common mistake I see people make in your situation is not showing up in court. If you don’t show up your former landlord will get a judgment by default. The judge will hear only his side and have no alternative but to enter a judgment against you. That judgment by default can be use to cr ...

Tags: judgment lien, homestead protection, judgment collection, default judgment

The Original Post is Located Here: Judgment Lien – Will It Effect My New Home?

Default Judgment – Should I Let a Credit Card Company Get One?

Harvey L. Cox — Sun, 30 Oct 2011 07:16:03 +0000

... 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 just let them get a judgment by default? Can they put a judgment lien on my property? Can they garnish my wages? What about the interest? Harvey L. Cox answers: Allowing a Default Judgment is Never a Good Idea If you don’t go to court you’ll most certainly have a default judgment entered against you. I never recommend that. You should go to court and at least make an effort at defending yourself. It is NEVER a good idea to let a plaintiff take a default judgment against you. The judgment, in all likelihood, will have a provision for the addition of interest on the judgment. And, since the plaintiff is a company they will most likely have an ...

Tags: civil money judgment, judgment collection laws, judgment collection, default judgment, judgment enforcement

The Original Post is Located Here: Default Judgment – Should I Let a Credit Card Company Get One?