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In a judicial foreclosure what does a Judgment and Decree of Foreclosure on Cross Claim mean?
Wiki User
∙ 15y ago
That means that the cross claimant in the lawsuit was granted a judgment against the cross defendant(s). If the judgment is not satisfied in full immediately, the property in jeopardy will be foreclosed upon.
Wiki User
∙ 15y ago
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Judgments - can they take your house?
While any judgment can attach against real property, only a judgment and decree of foreclosure can result in the foreclosure of real property. Decrees of foreclosure are only added to judgments as a result of non-payment of a mortgage or deed of trust, or other security instrument.
What does barred by foreclosure mean?
When a foreclosure is conducted according to law, the debtor's right of redemption is forever barred by the foreclosure. That means the debtor has lost the title to the property and the lender is the new owner. That phrase is also used when a municipality takes possession of a property for non-payment of real estate taxes through a judicial process. The final court decree in a tax title case forever bars the delinquent owner's right of redemption by reason of the tax foreclosure.
What does decree nisi mean in English?
Decree nisi is a legal term with the meaning that until a particular condition is met, the court order does not carry any force. This is a term commonly used in the common law ruling of foreclosure and mortgage cases.
Where is the actual date of divorce on decree?
The date the judgment was entered. In some states there is a short period before the decree becomes absolute but the date of the decree is the date the judgment was entered.The date the judgment was entered. In some states there is a short period before the decree becomes absolute but the date of the decree is the date the judgment was entered.The date the judgment was entered. In some states there is a short period before the decree becomes absolute but the date of the decree is the date the judgment was entered.The date the judgment was entered. In some states there is a short period before the decree becomes absolute but the date of the decree is the date the judgment was entered.
What happens if you don't have a final judgment or divorce decree but a judgment for status only leaving property issues to be resolved but no final judgment or divorce decree is filed?
If there was no final judgment there was no divorce.
Can a decree differ from judgment?
Judgment is a decision, whereas a decree is a formal announcement of a decision, so these are similar but not identical in meaning.
Who is responsible for a joint home loan if the divorce decree designates one party to take ownership and after that person fails to do so the property is foreclosed?
Terms of a divorce decree are not legally binding for any lender. If both names remained on the mortgage at the time of foreclosure then both parties are responsible for any deficit and penalties that might be assessed in relation to the join debt.
Is a Domestic Judgment renewable in Mississippi?
No, a domestic judgment is not renewable in Mississippi. Once a judgment has been entered, it is enforceable for a period of 7 years. If the judgment is not satisfied within that time, the creditor may seek a writ of execution to collect on the judgment.
What is the next step in a adjudicated case?
Adjudication is the act of making a judicial ruling such as a judgment or decree. The term is used particularly in bankruptcy proceedings, in which the order declaring a debtor bankrupt is called an adjudication.The giving or pronouncing a judgment in a cause. For a more detailed discussion of the term - see the below link:
Example how to write a divorce decree judgment of divorce?
This is the judge's duty. A decree of divorce is written and issued by the court, not by one of the parties to the divorce.
What is the difference between a decree and judgment?
A judgment is a court's determination of the rights and obligations of the parties in a case. A judgment is a judicial decision made in a court of law. The term judgment includes a decree and any order issued by a judge from which an appeal lies. Traditionally a decree is a judicial decision in a court of equity, admiralty, divorce or probate.
What is judgment of divorce?
A judgment of divorce is the decree entered by the court that legally dissolves a marriage. In some jurisdictions it takes affect immediately. In some jurisdictions there is a waiting period such as 30, 60 or 90 days, after which the decree becomes absolute and either party can remarry legally.
