Introduction

Question 1

This is about how a successful plaintiff turns a victory in a lawsuit into cash

Answer 1

Creditors Rights

Question 2

Generally (but not always) the process involves:

Answer 2

1. Getting a judgment.
2. Using the judgment to obtain a lien on a particular piece of property.
3. Foreclosing on the lien to sell the property.

Question 3

The lien protects the rights of…

Answer 3

the creditor in the debtor’s property against other creditors.

Question 4

To get lien protection, generally other creditors must be…

Answer 4

put on notice of the existence of the lien by some public act.