How to Remove a Judgement Lien?

Hi,

In today’s world of fancy dreams we sometimes get too caught up by the worldly material things and take up such loans which we are unable to repay and this in turn brings along the judgement lien where a lawsuit can take away all our assets for non repayment of the loans. But if you have landed up with a lien, let me help you by telling you how to remove a judgement lien. I will tell you different ways to do so.

How to remove a judgement lien from your house?

It can be removed from the property in a number of ways. To release the property from a lien, the usual method is to pay off the debts. Other options include automatically separating once the statute of limitations has expired and bargaining with the creditor under terms such as a partial payoff.

To finalise a real estate transaction, a judgement lien, which is referred to as a "cloud" on the title of a residence, must be resolved. Judgement liens are granted by a court ruling and must be fully paid off or otherwise satisfied in order for the creditor to let you off the hook and take the judgement lien off the title of your home. To refinance or sell your property, a clear title is typically required.

It's crucial to understand your alternatives for removing a judgement lien, including bankruptcy removal and similar procedures. The best person to advise you on which choice to exercise will be your attorney.

1. Speak with the creditor that submitted the lien. Inquire about the total amount owed, which should include any outstanding court or collection costs over the judgement's base amount.

2. If you are unable to pay in full, make payment arrangements. If you can, try to lower the amount owed by negotiating with the creditor. Ask to receive written confirmation of the arrangement's payment amount and deadlines.

3. Pay the lien in full or in the manner specified. Use the mode of payment preferred by the creditor. Certain payment methods, such as cashier's checks, are required by some creditors.

4. Request a lien satisfaction. Either the creditor will mail you the papers or they will file the satisfaction on your behalf. Once the settlement is filed, the judgement lien is released and eliminated. Request more printouts of the feedback documents.

5. If it was mailed to you, file the settlement of lien. The local recorder's office where the judgement was filed must register the document. Document the satisfaction in any further counties where the judgement was filed if it was.

6. Speak with a bankruptcy lawyer. You may be able to have the judgement thrown out of court under Chapter 7, total debt relief. You might be able to include the judgement in a repayment schedule through Chapter 13 debt relief, which would result in the lien's release. Before filing, talk over the judgements with your lawyer to ascertain whether the liens could be resolved through the legal procedure.

7. Once the satisfaction is submitted, get in touch with the major credit bureaus. Make a request to have the judgments taken off your credit report.

8. If the lien is void, speak with a lawyer. To obtain a court ruling to purge, or remove, the judgement from the county records, the attorney will file a lawsuit against the creditor.

I hope I was able to help you understand how to remove a judgement lien.