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:
After obtaining a court judgment for the amount owed, it is possible to place a judgment lien on assets of the defendant. Certain property may be claimed as exempt from creditor's claims. What property is exempt varies by state. For example, in Florida, a vehicle may be claimed as exempt up to $1,000 in value.
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.
