Legal Question in Consumer Law in Texas
Abstract of judgement
How long does an abstract of judgement stand and if you've purchased a home since the judgement was handed down can a lien be attached to your homestead.
Asked on 7/20/04, 3:25 pm
1 Answer from Attorneys
Peter Bradie
Bradie, Bradie & Bradie
Re: Abstract of judgement
An abstract of judgment is good for ten years, and can be re-asserted every ten years, keeping an abstract in force indefinitely. It attaches to any real property the judgment debtor acquires or owns in the county where it's filed.
The abstract of judgment can't force sale of the homestead, but lenders or others may require the discharge of the judgment lien before they'll put up any money; i.e. equity loans or propety sales.
Answered on 7/20/04, 5:50 pm
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