7671558.01-505Virginia Decodedhttps://vacode.org2016Civil Remedies And ProcedureExecutions And Other Means Of RecoveryLien On Property Not Capable Of Being Levied OnWhen lien acquired on intangibles under § 8.01-501 ceasesCode 1950, § 8-434; 1977, c. 617.Matter of PischkeBankruptcy No. 76-432-A11 B.R. 9131981-06-18https://www.courtlistener.com/opinion/2009981/matter-of-pischke/ . . . plaintiff's intangibles (see Virginia Code § 8.01-505 (1977 Repl.)), into a permanent . . . United States Bankruptcy Court, E.D. VirginiaIn Re PenningtonBankruptcy No. 82-00887-A, Adv. No. 83-0130A47 B.R. 3221985-03-18https://www.courtlistener.com/opinion/1951997/in-re-pennington/ . . . creditor is contained in section 8.01-505 of the Virginia Code[3]. Section 8.01-505 clearly provides . . . United States Bankruptcy Court, E.D. VirginiaJOHNSTON MEMORIAL HOSP. v. HessCiv. A. No. 84-0270-A44 B.R. 5981984-11-29https://www.courtlistener.com/opinion/1968780/johnston-memorial-hosp-v-hess/ . . . the amount owed, whichever is later. Va. Code § 8.01-505 (1984 Repl.Vol.). The bankruptcy judge . . . District Court, W.D. VirginiaIn Re LammCiv. A. No. 83-205-NN47 B.R. 3641984-01-17https://www.courtlistener.com/opinion/1952050/in-re-lamm/ . . . amount owed to the judgment debtor. Virginia Code § 8.01-505. . . . District Court, E.D. Virginiahttp://law.lis.virginia.gov/vacode/8.01-505/8.01-501Lien of fieri facias on estate of debtor not capable of being levied on/8.01-501//8.01-505/8.01/18/5/8.01-505The lien acquired under § 8.01-501 on intangibles shall cease whenever the right of the judgment creditor to enforce the judgment by execution or by action, or to extend the right by motion, ceases or is suspended by a forthcoming bond being given and forfeited or by other legal process. Furthermore, as to all such intangibles the lien shall cease upon the expiration of the following periods whichever is the longer: (i) one year from the return day of the execution pursuant to which the lien arose, or (ii) if the intangible is a debt due from, or a claim upon, a third person in favor of the judgment debtor or the estate of such third person, one year from the final determination of the amount owed to the judgment debtor.section1