What is a judgment lien?

A judgment lien is a legal claim that a person or business has on the real property of another party, usually as a result of an unsatisfied court ruling. In the state of California, a judgment lien can be made against a debtor for unpaid debt. This means that the creditor has the right to take possession of certain real property if the debtor fails to pay the debt. The lien gives the creditor a security interest in the debtor’s property, making it more difficult for the debtor to sell or refinance the property without first paying the judgment. The judgment lien will also allow the creditor to collect any money that is received from the sale or refinancing of the property. In California, a judgment lien will be removed once the debt is paid, but if the debt is not paid, the lien can stay in effect for up to 10 years. In order to remove a judgment lien, either the creditor or the debtor must make a court application. California consumer debt defense law provides protection to consumers who may be facing a judgment lien due to unpaid debt. In certain situations, consumers may be able to discharge their debts and have the judgment lien removed without having to pay the full debt.

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