Judgments; limitations on enforcement, judgment liens, settlement agents. (HB2099)

Introduced By

Del. Carrie Coyner (R-Chesterfield)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Limitations on enforcement of judgments; judgment liens; settlement agents. Reduces from 20 years to 10 years from the date of a judgment the period of time within which an execution may be issued or action may be taken on such judgment. The bill further reduces from 10 years to five years the period of time within which a suit to enforce the lien of any judgment may be brought. The bill allows a settlement agent or title insurance company to release a judgment lien, in addition to a deed of trust as provided under current law, provided that the obligation secured by such judgment lien has been satisfied by payment made by the settlement agent and whether or not the settlement agent or title insurance company is named as a trustee under such lien or received authority to release such lien. Read the Bill »

Status

01/20/2021: Awaiting a Vote in the Courts of Justice Committee

History

DateAction
01/12/2021Committee
01/12/2021Prefiled and ordered printed; offered 01/13/21 21102732D
01/12/2021Referred to Committee for Courts of Justice
01/19/2021Assigned Courts sub: Civil
01/20/2021House subcommittee amendments and substitutes offered
01/20/2021Subcommittee recommends reporting with substitute (8-Y 0-N)

Post a Public Comment About this Bill



if you have one


(Limited HTML is OK: <a>, <em>, <strong>, <s>)