Litigation Guarantee in a Mechanic’s Lien Foreclosure

Litigation Guarantee in a Mechanic’s Lien Foreclosure

In today’s post, we discuss the importance of obtaining a litigation guarantee in a mechanic’s lien foreclosure action. In order to enforce a mechanic’s lien, an action must be brought in the proper court within 90 days of the recording of the lien. (Civ. Code §...
Judgement Lien And What it Means in California

Judgement Lien And What it Means in California

What Does ‘Judgement Lien’ Mean in California? A judgment lien is a lien that attaches to a property of a party who owes money to another party as a result of a court judgment. In California, a judgment lien can only attach to real property. To attach a...
The Difference Between a Lien and a Levy

The Difference Between a Lien and a Levy

Liens and levies are two different ways a creditor can collect on an outstanding debt against a debtor.  However, they are used in different ways. What Is a Lien? A lien is a legal claim on property that is used as security or collateral for the payment of a debt owed...
Super Priority Liens for Remediation of Real Property

Super Priority Liens for Remediation of Real Property

Generally, the rule is that a lien is first in time and first in right.  That means that earlier recorded liens tend to enjoy priority over later recorded liens.  That rule, has a new exception per the recent Court of Appeals decision in City of Sierra Madre v....