How longdo I have to file a lien on someone’s property if they owe me over $10,000?
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How longdo I have to file a lien on someone’s property if they owe me over $10,000?
What are all my options?
Asked on October 5, 2011 under Bankruptcy Law, Arizona
Answers:
FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney
Answered 13 years ago | Contributor
In order to be able to record a lien on a person's property for money owed before a judgment is obtained, you first must be statutorily approved to do so. For example, many contractors or professionals having a state issued license are allowed to lien a person's home before a lawsuit is even filed per statute.
If you are not a licensed contractor or some other licensed professional who is owed money, most likely you are not able to record a lien before a judgment is approved concerning your dispute over the $10,000 you write about.
If so, your recourse would be to file a lawsuit against the person who owes you money, go to trial and hopefully obtain a judgment for money owed you. Once you obtain the judgment, then you can record an abstract of judgment on the judgment debtor's home which creates a lien for you.
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