[CLBS] Mechanics lien reduced to judgment
Jed Manwaring
jmanwaring at evanskeane.com
Wed Oct 28 15:53:32 MDT 2015
I stand corrected by Jeff & Matt & Sheila-
Typically, the judgment would have also included foreclosure of the lien with a sheriff's sale of the liened property and the lienholder's right to credit bid in. To the extend there is an unpaid portion of the judgment left it would be treated in the law like any other judgment i.e. a lien on any other of Debtor's real property in the county where it is recorded and has to be renewed every 5 years if entered b/f July 1, 2015, and every 10 years if after July 1, 2015. Or, if after 5 yrs but before 6 years one can sue on the judgment to renew.
Jed W. Manwaring
1161 West River St., Suite 100
P.O. Box 959
Boise, ID 83701
(208) 384-1800 Tel.
(208) 345-3514 Fax.
jmanwaring at evanskeane.com
-----Original Message-----
From: CLBS [mailto:clbs-bounces at admws.idaho.gov] On Behalf Of Ryan Farnsworth
Sent: Wednesday, October 28, 2015 11:19 AM
To: Bankruptcy list
Subject: [CLBS] Mechanics lien reduced to judgment
Does a mechanics lien which has been reduced to a judgment and recorded as a judgment lien lose the statutory quality as a mechanics lien?
In other words, can it be avoided if turned into a judgment?
Ryan Farnsworrh
_______________________________________________
CLBS mailing list
CLBS at admws.idaho.gov
http://admws.idaho.gov/mailman/listinfo/clbs
More information about the CLBS
mailing list