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What Is A Judgment Lien?

A judgment is the formal decision of a court. It is impossible here to determine what the meaning of a judgment is without seeing it, but it is reasonable to assume that the court has decided that you owe a creditor some money. When the judgment is recorded, it can become a lien on real property that you own. If you have real property (such as a house) that is exempt as your homestead ($100,000 is equity in your home is exempt under Arizona law), you would want to file a Complaint to Avoid a Judgment Lien. If you do not have any property to which the lien may attach, the filing of the complaint would not have any effect.

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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified creditors rights lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local creditors rights attorney to discuss your specific legal situation.

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