What Happens After an Abstract of Judgment Is Recorded?

 Once an abstract of judgment is recorded, it becomes a public record, and a lien is placed on any real estate property owned by the judgment debtor in that county. This lien gives the judgment creditor certain rights to collect the judgment debt.

Key Implications of a Recorded Abstract of Judgment:

  1. Lien on Real Property:

    • The lien attaches to any real property owned by the debtor at the time of recording or acquired afterward.
    • It remains in effect until the judgment is fully satisfied or the lien is formally released.

  2. Impact on Property Transactions:

    • If the debtor attempts to sell or refinance the property, the lien must be addressed.
    • The creditor may need to be paid off, or the lien may need to be subordinated to a new loan.

  3. Potential for Forced Sale:

    • In some cases, the judgment creditor may initiate a forced sale of the debtor's property to satisfy the judgment.
    • This process, known as a foreclosure or sheriff's sale, can be complex and time-consuming.

  4. Impact on Credit Score:

    • A judgment can negatively impact the debtor's credit score, making it more difficult to obtain loans or credit in the future.

How to Collect on a Judgment After Recording the Abstract:

While recording the abstract of judgment creates a lien, it doesn't automatically result in payment. The judgment creditor may need to take additional steps to collect on the debt, such as:

  • Wage Garnishment: This involves obtaining a court order to have a portion of the debtor's wages withheld and paid directly to the creditor.
  • Bank Levy: This involves seizing funds from the debtor's bank accounts.
  • Property Levy: This involves seizing and selling the debtor's personal property, such as vehicles or furniture.

Countrywide Process: A Reliable Service Provider

Countrywide Process is a company that specializes in providing various legal and document processing services, including post-judgment collection services. They can assist judgment creditors in navigating the complex process of collecting on a judgment, including:

  • Lien Enforcement: Helping to enforce liens on real property and personal property.
  • Garnishment Procedures: Assisting with wage garnishment and bank levy procedures.
  • Asset Searches: Identifying and locating the debtor's assets.

By utilizing the services of a reputable company like Countrywide Process, judgment creditors can increase their chances of recovering the debt owed to them.



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