Real Estate Law
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My Judgement is approximately $38,000. The Judgement Debtor will acquire these 5 new properties with a combined net value for her interest of about $250,000. I am pretty sure the title company or potential purchaser will not pick up the Judgement unless it is recorded in the County the properties are situated in Santa Cruz County. My Judgement is currently only recorded in LA County.
It would be difficult if not impossible to unwind a "buyer in due coarse" transaction. While it would possible to unwind a friendly transfer, I am really not looking forward to another protracted court battle.
I am trying to get the sister to delay the transfer long enough for the court to issue my new abstracts but she is being intimidated by the opposition
It is my understanding , based on what my attorney is doing, that we need to get newly prepared Abstract of Judgement with a wet signature from the court in order to be acceptable to the recorder office in Santa Cruz County. Is that not the case?
Additional question: Are attorney fees recoverable in the pursuit of a Judgement debt?
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