If you own a property, you may find yourself dealing with an unexpected judgment that could affect your ownership. A judgment on a property occurs when someone takes legal action against you, which is recorded on the public record and can remain there for up to 10 years. However, there are ways to clear this judgment from the records and keep it from affecting your property rights.
Satisfy the Judgment
The most common way to eliminate a judgment from your property is to simply satisfy the debt or pay off the judgment on the property in full. This eliminates any financial obligation and clears the record. Depending on the amount of money owed, this can be a difficult task, but it is often worth it if you want to protect your rights as a property owner. If you are owed money from a judgment, then there are companies like Mayflower Judgments who can purchase yours outright, giving you the cash you need right now.
Vacate or Appeal the Judgment
If you feel that the initial judgment on the property was wrongfully placed against you, then you may be able to vacate or appeal it in court. To do this, however, you will need to present evidence that proves why the original decision should be overturned and why it should not appear on your public record. It is important that you understand all of the legal requirements before attempting this process and ensure that all paperwork is filed correctly. Vacating or appealing a judgment requires strong evidence and a thorough understanding of laws; therefore, it’s best left to be handled by experienced attorneys who specialize in these matters.
