ABSTRACT OF JUDGMENT TEXAS CODE

If you’re looking to file an Abstract of Judgement against your tenant correctly, our experienced eviction experts may be able to help. An abstract of judgment that has been properly indexed and recorded can be a powerful tool in the tool belt during the sometimes difficult task of collecting a judgment. The Abstract of Judgment may be filed with the County Clerks office in any county the losing party may have real property. For example, if you file an abstract of judgment in Harris County, it does not create a lien for property owned by the debtor in Fort Bend County.

This will make them appear less creditworthy in the eyes of the credit bureaus, protecting other landlords or businesses from their potential to cause the same hassle and harm they have caused you.Īn abstract of judgment also creates a lien against any real property located in the county the abstract was in. A judgment lien in Texas will remain attached to the debtors property (even if the property changes hands) for ten years. Securing an abstract of judgement after evicting your tenant affects their credit scores and will almost automatically reflect a significant drop for them. As soon as the abstract is officially stamped, it is registered and filed with a clerk and is placed in county records. Under Texas law, you are allowed one homestead and this must be your principal residence. In Texas, a property that is designated as a homestead by the owner or owners is protected from most types of creditors.

ABSTRACT OF JUDGMENT TEXAS CODE

An Abstract of Judgement is a written summary naming the amount evicted tenants owe, court costs that need to be paid, interest what is owed, as well as other orders resulting from the lawsuit. An Abstract of Judgment places a cloud title on the debtors’ homestead or other properties owned, such as rental properties. Code 52.006 Keep the Judgment alive by obtaining a Writ of Execution within ten years after the rendition of the Judgment and using due diligence, thus extending the life of the Judgment for ten years from the issuance of the Writ of Execution, Tex. An abstract tells the world a tenant is not credit worthy. The purpose of an abstract of judgment is to create a public record and create a lien or claim if necessary on any real estate property owned or later acquired.

Abstract of judgment texas