Definition of kismet for English Language Learners. : a power that is believed to control what happens in the future.
When the judge issues a decision, if it is favorable to the lender, it is called a judgment. The Final Judgment. The final judgment is the written determination of the foreclosure lawsuit by the presiding judge. It is issued at the end of the lawsuit, assuming the foreclosure is granted, and effectively ends the case. The party against whom the final judgment is made may appeal the decision to a higher court. After the Judgment
Property Liens. One collection device commonly used by judgment creditors is the property lien. In about half the states, a judgment entered against you automatically creates a lien on the real property you own in the county where the judgment was obtained. In the rest of the states, the creditor must record the judgment with the county, and then the recorded judgment creates a lien on your real property.