judgments

The House Judiciary Committee heard SB 604, sponsored by Rep. Manning, on voiding and releasing claims in land interests. This bill: Adds a provision to the statute concerning marketable title for real property to provide that after a person has filed a claim for an interest in land, the claim is void if: (1) the owner of the property subject to the claim (or any person having an … [Read more...] about Voiding and releasing claims in land interests

For amend and vote only, the House Judiciary Committee heard Rep Torr’s HB 1055 on judgment liens. This bill permits a person to discharge a mechanic’s lien by filing an indemnification or payment bond with the recorder’s office in an amount equal to at least 150% of the lien and specifies certain requirements concerning the recording of an indemnification or payment bond. At a previ … [Read more...] about Judgment liens

The House Judiciary Committee heard SB 316, sponsored by Rep. Washburne, enacting the Indiana Uniform Voidable Transactions Act, governing the ability of a creditor to nullify certain transfers made by a debtor. The bill also specifies that comments released by a committee of the National Conference of Commissioners on Uniform State Laws shall not be considered as authority in … [Read more...] about Indiana Uniform Voidable Transactions Act

The Senate Civil Law Committee heard Sen. Bray’s SB 316, amending the Indiana Uniform Voidable Transactions Act. This Act governs the ability of a creditor to nullify certain transfers made by a debtor and specifies that comments released by a committee of the National Conference of Commissioners on Uniform State Laws shall not be considered directly or indirectly as authority in i … [Read more...] about Indiana Uniform Voidable Transactions Act