Posted by knk on April 05, 2005 at 11:39:01:
The LA judgment wont follow you to Texas unless that creditor has the judgment docketed in Texas and enforces it. A lender may require you to pay it for debt purposes but title wise it will have no effect on their first lien status
Judgement - Posted by Trying To Buy
Posted by Trying To Buy on April 03, 2005 at 16:16:30:
I had a judgement placed against me a couple of years ago in Louisiana. I am now looking trying to buy property in Texas. Will this judgement follow me state to state?
LA Judgment - Posted by John Merchant
Posted by John Merchant on April 05, 2005 at 10:16:41:
It might or might not, depending on whether that J was recorded in the deed records.
Although most Js ARE so recorded, it’s not automatic and sometimes, for whatever reason, the J creditor doesn’t follow through and record it.
If it is NOT recorded, the credit agencies might not pick it up.
I know of at least one TX county where a J in a suit filed by the county tax collector, to clear the title to land the county was taking back for non-payment of taxes, was not pursued in any way, and I’m thinking it wasn’t even recorded, as the only purpose of the suit and J were to clear the title so the land might be re-sold.
The person against whom that J was taken never heard of it again, and it did not appear on his credit report.
But normally they are recorded.
Also, understand that the LA J might be recorded and pursued in any other state by simple procedure…then they could file garnishment, wage levy, or executions in any other state where it is recorded.
This process of out-of-state recording of a J used to be a fairly costly and time consuming process, but now a new Uniform Law that is being adopted by lots of states makes it pretty simple and cheap, so odds are, these days that a J will follow to the new state of residence.
Re: Judgement - Posted by River City
Posted by River City on April 04, 2005 at 06:36:23:
Judgements are part of public records and most likely will appear on your credit report. To secure 1st lien status, most lenders will require that the judgement be paid in full prior to lending on property. You should check with a lender to see what they require.