Check Your Understanding Answers
- Define a judgment lien.
A judgment lien is an involuntary, general lien that attaches to real and personal property as a result of a money judgment issued by a court in favor of a creditor.
- List the four ways a judgment lien can be terminated.
- Lien Payment
- Lien Expiration
- Discharge in Bankruptcy
- Discharge by Creditor
- The homestead exemption does not apply to which two specific types of judgment liens?
Child support and spousal maintenance
- What is the purpose of a writ of attachment?
A writ of attachment prevents a defendant in a lawsuit from selling or concealing property before a judgment has been issued.