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California Judgment Form

California Judgment Form

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word judgment sort of gives the game away it means that uh someone has been sued and the person suing was successful got a judgment so let's say for argument's sake you owe abc banks some money and you haven't been paying well abc bank can sue you and if they are successful then the court in which they've amounted this suit will enter a judgment and with that judgment the creditor can record a lien against assets that you have lean then is a legal claim against some sort of asset typically this is recorded as a lien against the residents if you uh own your own residence but it can also be recorded against other types of assets and so what that means then is if you ever want to sell the property if you ever want to refinance as part of that transaction you're going to have to pay the lien

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