Without Levy, a Recorded Judgment Lien Is Unperfected in Some States

January 27, 2025

Without Levy, a Recorded Judgment Lien Is Unperfected in Some States

In New Jersey, a trustee’s hypothetical judicial lien has priority over a judgment lien if the judgment lienholder has not made a levy on the property.

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Opinion Link

View Opinion

https://abi-opinions.s3.us-east-1.amazonaws.com/Simpkins.pdf

Case Details

Case Citation

Stanger v. Cedar Farms Co. Inc. (In re Simpkins), 24-01559 (Bankr. D.N.J. Nov. 18, 2024).

Case Name

Stanger v. Cedar Farms Co. Inc. (In re Simpkins)

Case Type

Business

Court

3rd Circuit

New Jersey

Bankruptcy Tags

Claims

Bankruptcy Litigation

Consumer Bankruptcy

Business Reorganization

Finance and Banking

Uniform Commercial Code/Article 9

Comments

Submitted by Stephen Lubben on February 1, 2025

"For the lien to be created, it is only necessary that the judgment be entered upon the records of the Superior Court. It is not necessary that a levy and execution be made upon the real property owned by the judgment debtors." In re Clifton, 35 B.R. 785, 787 (Bankr. D.N.J. 1983)