Form MC94 Notice of Judgment Lien - Michigan

What Is Form MC94?

This is a legal form that was released by the Michigan Courts - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is a Form MC94 Notice of Judgment Lien?A: Form MC94 Notice of Judgment Lien is a legal document used in Michigan to notify the public about a judgment lien against someone's property.

Q: Who can file a Form MC94 Notice of Judgment Lien?A: A creditor who has obtained a judgment against a debtor can file a Form MC94 Notice of Judgment Lien.

Q: What information is required on a Form MC94 Notice of Judgment Lien?A: The form requires information such as the debtor's name, the creditor's name, the judgment amount, and a description of the property subject to the lien.

Q: What is the purpose of filing a Form MC94 Notice of Judgment Lien?A: Filing a Form MC94 Notice of Judgment Lien puts the public on notice that there is a judgment lien on the debtor's property, which can prevent the debtor from selling or transferring the property without satisfying the judgment.

Q: Is there a filing fee for a Form MC94 Notice of Judgment Lien?A: Yes, there is usually a filing fee associated with filing a Form MC94 Notice of Judgment Lien. The fee amount may vary depending on the county.

Q: How long is a Form MC94 Notice of Judgment Lien effective?A: In Michigan, a Form MC94 Notice of Judgment Lien is effective for 10 years from the date of filing, unless it is renewed.

Q: What happens if the judgment is paid or satisfied?A: If the judgment is paid or satisfied, the creditor should file a Satisfaction of Judgment with the court and provide a copy to the debtor, which releases the judgment lien from the property.

Q: Can a Form MC94 Notice of Judgment Lien be removed?A: Yes, a Form MC94 Notice of Judgment Lien can be removed if the judgment is paid, satisfied, or expired. The creditor should file a Satisfaction of Judgment or a Release of Judgment Lien with the court to remove the lien.