Q: Can someone from out of state put a lien on our property for money he invested with no contract?
Had a guy that wanted to help us start our small business and invested some money but refused a contract. The business didn't play out the way he wanted after 7 months and wants all his money back. We hadn't made anything so se sold the assets he bought and sent him the money but is now threatening to put a lien on our property for the money he says we owe him. What do we do?? Can he do that? We weren't under the impression this was a loan and tried everything to liquidate what he paid for.
A: Usually, someone has to have a judgment to place a lien on your property when there is a dispute over money. In order to obtain a money judgment he would need to file a lawsuit and serve you with it. You would have the right to defend the suit and the Judge would determine if you owe him money or not. I suggest you contact an attorney on this matter.
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