Tag: Judgments
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Judgment
Judgment in Law Enforcement Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of judgment. Grammar This term is a noun. Etimology of Judgment (You may find judgment at the world legal encyclopedia and the […]
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Judgment Lien
A lien on property, arising from the operation of law as a result of judgment rendered by a court of record. Not a lien known to common law but one created by statutes. See Morsell v First Nat. Bank, 91 U.S. 357, 23 L.Ed. 436. The origin of a judgment lien is said to be…
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Judgment Proof
A colloquial expression. A person who has no assets is said to be judgment proof because no court process can be effectively used against him to collect a debt from him.
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Judgement Debtor
Concept of Judgement Debtor in the context of Real Property A short definition of Judgement Debtor: A person, corporation etc., against whom a money judgement has been awarded by a court. See: Judgement Creditor.
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Judicial Foreclosure
Concept of Judicial Foreclosure in the context of Real Property A short definition of Judicial Foreclosure: Foreclosure through court action rather than by a power of sale. Judicial foreclosure is sometimes necessary to remove certain tax liens.
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Judgement Creditor
Concept of Judgement Creditor in the context of Real Property A short definition of Judgement Creditor: A person, corporation, etc., that has been awarded a money judgement by a court. Recording and abstract of said judgement will create a lien on real property owned by the judgement debtor in […]
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Judgement Creditor
Concept of Judgement Creditor in the context of Real Property A short definition of Judgement Creditor: A person, corporation, etc., that has been awarded a money judgement by a court. Recording and abstract of said judgement will create a lien on real property owned by the judgement debtor in […]
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Judicial Sale
A sale made under judgment or order of court of competent jurisdiction by officers legally appointed and commissioned to sell. In such a sale, the court is the vendor and the officer a mere ministerial agent. McNeil v Fouts, (Ind.App.) 218 N.E.2d 138.