The flashcards below were created by user
Avkitty
on FreezingBlue Flashcards.
-
How long do you have to enforce a judgment lien?
20 years
- Exceptions:
- 1. land--> 10 years
- 2. Decedent --> 2 years
-
Confession of Judgment
Statutory device where a debtor may waive notice and hearing for failure to pay an obligation.
- Process to contest it:
- D must petition court w/in 21 days of notice of judgment against him to set aside the judgment.
-
Lis Pendens
- "Before the suit"
- Effect--> is to establish the priority of any judgment lien ultimately rendered in the underlying case.
The judgment will relate back to the time the lis pendens was filed.
|
|