From Straffi & Straffi Attorneys at Law — What Is a Judgment Lien? dives deep into the legal mechanics and real-world consequences of judgment liens in New Jersey, offering clarity to anyone grappling with debt, property claims, or creditor actions.
In the first act, the podcast breaks down how a judgment lien is created: when a creditor obtains a court judgment and that judgment gets recorded with the county clerk, it becomes a lien on a debtor’s real property. The narrative then explores how these liens don’t instantly transfer ownership, but rather grant the creditor a secured interest in the property until the debt is resolved.
The second act narrates how judgment liens constrain property transactions. When a lien is attached, you may find selling or refinancing your property stalled until the lien is satisfied. The podcast also compares how liens affect primary residences differently than investment or rental properties, and discusses the time limit (20 years in NJ) and renewal tactics.
In the third act, listeners learn about enforcement and resolution: exploring when creditors can force a sale in non-residential property scenarios, and how debtors can respond. The episode emphasizes negotiation, settlement, and the interplay between judgment liens and bankruptcy law — including how certain liens survive bankruptcy or may be avoided under specific conditions. Finally, the podcast closes with a call to action — guiding listeners on when it makes sense to seek legal help, how to assess one’s rights, and how attorneys like those at Straffi & Straffi can assist in navigating lien removal, dispute, or discharge processes.
Straffi & Straffi Attorneys at Law
670 Commons Way, Toms River, NJ 08755, United States
(732) 341-3800
https://www.google.com/maps?cid=18340758732161592314
