Legal Question in Credit and Debt Law in Texas
Abstract of Judgement
I have a client that is purchasing a home. However, the seller has an abstract of judgement from a financial company. Is the seller able to obtain a partial release from the said financial company due to the property being his homestead?
Asked on 11/05/07, 11:20 am
1 Answer from Attorneys
James Grissom
Law Office of James P. Grissom
Re: Abstract of Judgement
Yes. Failure to do so would be negligence and violations of the credit statutes.
Good Luck.
Answered on 11/05/07, 11:43 am