Full question:
There is an individual that owes me money, but he is sick right now and is not going to be able to pay me. Can I put a personal lien on a dump truck he has that is paid for?
- Category: Civil Actions
- Subcategory: Liens
- Date:
- State: National
Answer:
To place a lien on the dump truck, you first need to obtain a court judgment for the amount owed. Once you have this judgment, you can file a judgment lien against the debtor's assets. However, be aware that certain properties may be exempt from creditor claims, depending on state laws. For instance, in Florida, a vehicle can be exempt up to one thousand dollars in value (Fla. Stat. § 222.25).
This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.