 
Please take part in the
13th Annual LGBTQ
Community Survey
Click the link below to begin:
http://survey.communitymarketinginc.com/se/359D342B41DAB587…
It should take 12-15 minutes
to complete.
Everyone who completes the survey by May 31st, 2019 may enter into an optional drawing to win one of twenty US $50 cash prizes, or if you win, you can designate a charity to receive the $50. Additionally, we are donating $1,000 to the Trevor Project to support their work with LGBTQ youth.
Thanks very much for your participation.
|
|
Platt and Westby, P.C.
E-News Sponsor
JUDGMENT LIENS AND HOMESTEAD PROPERTY
The Arizona Court of Appeals recently affirmed, in Pac. W. Bank v. Castleton, that a judgment creditor may not attach a judgment lien to homestead property. This is so even if there is equity in excess of the exempt amount of $150,000.00.
Instead, a judgment creditor’s remedy is to force an execution sale of the property under ARS 33-1105--provided that the property sells for a sum large enough to pay off all senior liens, costs of sale and the exempt amount due the property owner. Only the excess sums can be credited to the judgment. Collection is uncertain. There is no guarantee that a large enough bid will be received at the execution sale. Absent a sufficient bid, the sale fails.
It has been a common practice for judgment creditors to record their judgments in reliance upon Arizona law which automatically makes a recorded judgment a lien on all real property of the debtor in the county in which the judgment is recorded. When a parcel of property sells or is refinanced, the judgment creditor is usually paid directly from escrow. But where the property is exempt from execution, such as a homestead property, the judgment lien does not attach. A creditor must follow the more difficult and uncertain ARS 33-1105 procedure to collect.
Should you have questions concerning real estate or other legal matters, contact one of our experienced lawyers at pwestby@plattwestby.com or call 602-277-4441 to schedule a no charge initial consultation. To learn more about the firm and our lawyers, visit www.plattwestby.com Platt and Westby P.C., solving problems since 1974.
 REFERRAL PROGRAM REWARD$
Did you know...when you refer a friend & they purchase a Display Ad with us, you will receive a DISPLAY AD UPGRADE? To learn more & increase your exposure to the LGBTQ community of Arizona, please call 602-466-2501 ext. 5 or email at Arizona@ThePrideGuides.com
We appreciate your business.
Mark your calendars for these fabulous
June Pride Celebrations Around the State!
Inaugural Mohave Pride Festival, Kingman AZ: June 8th, 2019
15th Annual Bisbee Pride, Bisbee, AZ: June 15th-17th, 2019
D-backs Pride Night - Phoenix, AZ: June 21st, 2019
Pride in the Pines, Flagstaff, AZ: June 22nd, 2019
Visit GayArizona.com for a list of the
Best LGBTQ-friendly Accommodations in Arizona.
|
|
