[CLBS] Mechanics lien reduced to judgment

[Gardner, Jeffrey C.]

Blair, Sheila, and others there know I am no softy - since all I do is represent banks (and am a "recovering (SAG) banker"), but when it comes to the duration of judgments I can only say that even heinous felons can and do get parole at some point.  Cutting off the duration and/or number of renewals would give creditors a fair opportunity to collect what they are owed, while restraining bottom-feeders from pursuing Zombie Debt they buy at pennies on the dollar.  Seems to me that a reasonable ultimate time bar is consistent with the notion of a "fresh start" for debtors at some point.  Good grief, I can't believe I am saying this. . .I've grown weak in my old age. . .

                    Jeff




Jeffrey Gardner
Senior Counsel

Ball Janik LLP
t: 503.944.6048
f: 503.295.1058
jgardner at balljanik.com




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