H.P. 421 - L.D. 571
An Act to Clarify the Effect of Failure to Provide Notice of Filing of a Judgment Lien
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 14 MRSA �4651-A, sub-�5, as enacted by PL 1987, c. 184, �23, is amended to read:
5. Notice to judgment debtor. A lien created by this section shall become becomes void and loses its status as a perfected security interest with respect to the right, title and interest of any particular judgment debtor, and with respect to any other creditors of the judgment debtor unless the judgment creditor notifies the judgment debtor by certified or registered mail sent to his the judgment debtor's last known address on or before 20 days the 20th day after filing or recording of the existence of the lien. The notice shall must contain the following:
A. The fact that a lien has been filed;
B. The date and place the lien was filed;
C. The amount of the judgment and costs as stated in the execution;
D. The name of the judgment creditor and attorney, if any, including their addresses; and
E. The following statement: "To dissolve this lien, please contact (the creditor or his the creditor's attorney)."
Effective June 26, 1997, unless otherwise indicated.
| Revisor of Statutes Homepage | Subject Index | Search | Laws of Maine | Maine Legislature |
