Hi , Thanks we need or looking for a lien to put on the default parties home for a promissory note that hasn't been paid in 2 years do you have lien language in a document relating to a promissory note not paid and we can then place a lien on their home or business in the state of Arkansas that is not related to construction, materials etc.... or is this for construction only -- advise Dr Tony
I have not seen the Promissory Note. However from the description it is likely "unsecured," meaning it is not collateralized like a mortgage. The Promissory Note may be sued upon. The resulting Judgment will be a lien on real estate in the county of rendition. The Judgment may be recorded as a lien on real estate in other MO counties. The MO Judgment may also be authenticated, registered and enforced in Arkansas. Garry Seltzer (mechliens@prodigy.net)