Title: What Happens to Judgment Liens During Foreclosure? | Lawyers.com
Headings: What Happens to Judgment Liens During Foreclosure?
What Happens to Judgment Liens During Foreclosure?
Get an overview of what happens to a judgment lien in a foreclosure.
How Judgment Liens Work
Foreclosures: Judicial or Nonjudicial
What Happens to a Judgment Lien in a Mortgage Foreclosure?
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Content: What Happens to Judgment Liens During Foreclosure? | Lawyers.com
Foreclosure
Common Foreclosure Questions
What Happens to Judgment Liens During Foreclosure? Get an overview of what happens to a judgment lien in a foreclosure. By Luis Emilio Carlo, Attorney
Updated: May 27th, 2020
If a creditor gets a court judgment against you, that creditor may place a lien—called a judgment lien—on your home or other property. Then, if you stop paying your mortgage payments and your lender forecloses your home, the judgment lien is typically wiped out by that foreclosure. Whether the judgment lienholder gets paid any money from the foreclosure sale depends on whether funds are available after the mortgage lender and priority liens, if any, get paid in full. Read on to learn the basics about what happens to a judgment lien if you lose your home to a foreclosure. How Judgment Liens Work
If you owe money to a creditor, that creditor might file a lawsuit against you in court for the money you owe. Should you lose the case, the creditor gets a judgment against you.