Is it possible for a private party to place a lien on someone's property due to a large debt owed?

Full question:

Is it possible for a private party to place a lien on someone's property due to a large debt owed? The debt is in the amount of $33,000.00. If so please explain how I would go about doing this.

Answer:

The right of lien generally arises by operation of law, but in some cases it is created by express contract. There are two kinds of lien: particular and general. When a person claims a right to retain property, due to money or labor invested in that property, it is a particular lien.

Liens may arise in three ways:

1. By express contract;
2. From implied contract, as from general or particular usage of trade;
3. By legal relation between the parties, such as created with common carriers and inn keepers. When goods are delivered to a tradesman or any other, to apply his labor to, he is entitled to detain those goods until he is paid for such labor.

To create a valid lien, it is essential:

1. That the party claiming a lien should have the absolute property or ownership of the thing or, at least, a right to vest it;
2. That the party claiming the lien should have an actual or constructive, possession, with the assent of the party against whom the claim is made;
3. That the lien should arise upon an agreement, express or implied and not be for a limited or specific purpose that contradicts the express terms or the clear, intent of the contract.

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.

FAQs

A judgment lien can be imposed when a court issues a judgment against a debtor for an unpaid debt. This typically occurs after a lawsuit where the creditor successfully proves the debt owed. Once the judgment is entered, the creditor may file it with the county recorder's office, creating a lien against the debtor's property. This lien gives the creditor a legal claim to the property until the debt is satisfied. Specific procedures and requirements may vary by state.