12.014 – TRANSFER OF JUDGMENT OR CAUSE OF ACTION. (a) A
Texas Property Code § 12.014
Summary
This law allows for the sale of a court judgment or a part of it, as well as interests in a cause of action, provided the transfer is documented in writing. It applies to judgments from courts of record and can be filed with the relevant court papers if properly acknowledged or sworn.
Judgments and causes of action can be sold in writing.
Transfer applies regardless of assignability in law or equity.
Acknowledgment or swearing is required for filing with court papers.
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In simple terms: Learn about Texas's TRANSFER OF JUDGMENT OR CAUSE OF ACTION. (a) A law, including definitions, penalties, and legal implications.. This means people must follow this rule, and breaking it can lead to criminal penalties.
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