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 such as homestead is not subject to judgment liens. After 10 years the first recorded judgment lien loses its priority standing. Judgments which are not recorded as liens, or are recorded as junior liens, are still valid judgments which can be executed against the debtorâs property.