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A judgment can remain on your credit report as long as it is \u201cvalid\u201d or \u201cactive.\u201d In Texas, judgments are valid (\u201cactive\u201d) for at least 10 years and they can be renewed for another 10 years after that, and then another 10 year after that, and so on, indefinitely.
Filing a Judgment Lien A judgment lien lasts for ten years. According to Section 52.001 of the Texas Property Code, a judgment lien cannot attach to any real property that is exempt from seizure or forced sale under Chapter 41 of the Texas Property Code.
Release Of Lien On Real Property To show that a lien has officially been removed on a property, you have to file a document called a \u201clien release\u201d in the real property records of the county where the property is located. A release of lien simply means removing the lien claim from a specific property.
QUICK ANSWER: A judgment is a court order that decides a lawsuit. A collector who wins a judgment against you is no longer required to prove the debt and can take steps to force you to pay. If you don't pay a debt, the creditor will try to get you to voluntarily pay.
Satisfaction and release is the formal paperwork stating that a consumer has paid the full amount owed under a court judgment. A satisfaction and release proves that they have paid their debt and prevents creditors from trying to recover more money from them.
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What is a Judgement Release? A Satisfaction of Judgement is proof you paid what you owed. Without this document, it will be impossible to get a mortgage, secure a loan, buy a car, rent an apartment, or do anything else that requires you assume new credit. Without the form, collection efforts can also still continue.
A judgment lien lasts for ten years. According to Section 52.001 of the Texas Property Code, a judgment lien cannot attach to any real property that is exempt from seizure or forced sale under Chapter 41 of the Texas Property Code.
Judgment liens in Texas expire after ten years, as do federal tax liens, and both stay attached to the property even it if changes owners. A mortgage lien remains valid on a property until the debt is paid in full. Also, many liens may be renewed before they expire.
According to this law, a debtor must file an affidavit with the county to secure the release of a judgment lien against a primary residence. The debtor must first provide a 30-day notice letter to the creator of the judgment, containing a copy of the affidavit the debtor intends to file.
If you pay the full amount owed before that time, the judgment will be removed from your credit report as soon as the credit bureau receives either proof of payment from the credit provider or a valid court order rescinding the judgment.

release of judgement form texas