Discussion Board
Foreclosure Training
Title Holding Trust
Speaking
Schedule
Foreclosure
Codes
50 State Foreclosure Basics
Foreclosure Glossary
60+ Yrs Interest Rates
News &
Trends
FAQ
Dingbat Retirement Plan
Links
Contact / Map
Home
|
[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ]
Re: Attaching liens
Posted by Ward-CA- on February 11, 2002 at 4:14 PM
In Reply to: Attaching liens posted by Alfred, Trainee on February 11, 2002 at 11:38 AM
: Ward, : I've got a friend who invested money with a real estate investor friend of his and he never got his money back (not to mention any profits) because the deal went sour. (The investor/friend told him it was a sure deal and he couldn't lose and he'd get his money back no matter what.) The guy has kept saying he'd pay him back when he sold something else of his, but it's gone on for almost 4 years now. We've just discovered by checking at the County Recorder that he's sold some of his properties and not told my friend about it. Is there a way of attaching liens to his properties (like his home and his other investment properties and lots) or can you only do that if you have a TD? Thanks in advance. ============ You have to go to court and get a judgment against the no-good guy. Then after the 30 day appeal period has run go back to the office of the clerk of the court and get an abstract of judgment (AJ) that's signed and dated by the clerk and emblazoned with the court's seal. Take the AJ down to the county recorder's office and record it. At that point the AJ will automatically, by operation of law, become attached against all properties in the county owned by the judgment debtor.
Follow Ups:
Post a Followup:
|