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The bond required to obtain a stay of execution of a judgment while the judgment is being appealed is a supersedeas bond, also referred to as an appeal bond." [9] In Texas, the amount of a supersedeas bond (referred to as "security for judgments pending appeal" in the Texas Civil Practice and Remedies Code) is determined as follows: [10]
For example, in Maryland, the lender has three years from the date of the foreclosure sale to get a court order for deficiency judgment. That judgment lasts for 12 years, during which time the ...
A deficiency judgment is an unsecured money judgment against a borrower whose mortgage foreclosure sale did not produce sufficient funds to pay the underlying promissory note, or loan, in full. [1] The availability of a deficiency judgment depends on whether the lender has a recourse or nonrecourse loan, which is largely a matter of state law ...
In Maryland, deferred adjudication is called probation before judgment (PBJ). The conditions of this principle are set down in Title §6–220 of the state's Criminal Procedure article. [ 4 ] This law enables a judge to defer entering a judgment (that is, delay the entry of a "guilty" verdict) if the defendant pleads guilty or nolo contendere ...
This landlord didn’t pay up, so his properties are getting auctioned of, including a Brookside strip center, a 50,000-square-foot historic midtown building, several homes and two storefronts.
Attachment is a legal process by which a court of law, at the request of a creditor, designates specific property owned by the debtor to be transferred to the creditor, or sold for the benefit of the creditor. [1]
Because the California statutes provide insufficient safeguards to assure that the debtor in fact executed a voluntary, knowing, and intelligent waiver, and because the debtor's opportunity to seek post-judgment relief does not cure the unconstitutionality of a judgment entered without a valid waiver, we conclude that the confession of judgment ...
[8] [42] To what extent a debtor will actually be prosecuted varies from state to state. [4] This modern use of the term debtors' prison arguably has its start with precedent rulings in 1970, 1971 and 1983 by the U.S. Supreme Court, [5] [43] and passage of the Bankruptcy Reform Act of 1978. In 1970, the Court ruled in Williams v.