Legal Question in Credit and Debt Law in New Jersey

''liens''

If you are currently paying on a judgement(bill), can the creditor put a lein on your property at the same time? If so, will they notify you in writing making you aware they have this lein on your property? This was a old bill that was over 11 years old that resurfaced after I purchased my 1st home. They wanted to garnish my wages but after having a conference call with the judge we all agreed I could repay the debt @ $75 a month until it was paid in full. I argued not to have my wages garnished. It was an old debt and it was already placed on my credit for over 8 years and was recently taken off. Not to mentioned it was already paid. I had no proof because I didn't think I needed to hold on to the documentation that was so old and no longer showing on my credit report.

Please advise.


Asked on 11/09/05, 10:35 am

1 Answer from Attorneys
Ana Esteves Law Office of Ana P. Esteves

Re: ''liens''

When a judgement is paid in full, you should get proof of payment, specifically a "Warrant to Satisfy Judgement". With that, you can ask the credit bureaus to show the judgement as paid and show proof should a judgement search reveal a lien on your property. Until a judgement is paid in full, the judgement remains as a lien.

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Answered on 11/09/05, 11:47 am


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