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CIV 511 Judgment Debtor Booklet State of Alaska Form

CIV 511 Judgment Debtor Booklet State of Alaska Form

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today we're going to talk about how judgments affect real estate first of all how do you get a judgment against you well unfortunately if you have a judgment against you it means that you have been sued in the Civil context and that you have lost so that means potentially that a court or a judge or a jury has decided that you owe money to another party so a judgment is recorded in the clerk of court and an order is entered saying how much money you owe and to whom oh all right so that's how you get a judgment against you but what does that have to do with your real estate let's say you own a piece of land in Iredell County where we are and you lost a lawsuit against someone and that person has a judgment against you for ten thousand dollars well you're just kind of moving about life uh you may not have the cash to pay the ten thousand dollars but in a couple years you decide that you're going to sell that lot you own in Iredell County because you

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