I focus on recovering for investment losses in TIC and other real estate investments as a majority of my practice. Please give me a call to discuss.

Best,

Daniel Bakondi, Esq.

danielbakondi@yahoo.com

415-450-0424

The Law Office of Daniel Bakondi, APLC

870 Market Street, Suite 1161

San Francisco CA 94102

http://www.danielbakondi.com

IMPORTANT NOTICE: This communication may contain confidential information, privileged information, or attorney work product. If you are not the intended recipient or received this message in error, any use or distribution of this message is strictly prohibited and unlawful. Please notify the sender immediately, and delete this message. No attorney-client nor confidential relationship is created through this communication. Nothing communicated or provided constitutes legal advice nor a legal opinion unless it so specifies and written agreement for attorney services has been entered into. Attorney licensed in California only. Your issue may be time sensitive and may result in loss of rights if you do not act in time. Thank you.

I would be happy to meet with you in my San Jose office to go over these losses with you and see if there are any options for pursuing recovery. Even without going into the details, however, I can tell you most likely why you don't hold equity and cannot file a lien. As an investor in the property, you were an owner, either of a fractional share of the property itself, or more likely as an owner of shares in an LLC, limited partnership or corporation. As the owner, you lost your interest in the property when it went bankrupt. It is no different really than if you owned a rental property yourself and you went bankrupt. The property would go to the bank and you would no longer own any equity in it, and certainly couldn't file a lien on it. Now this does not mean that you have no rights or remedies. A lot of shady deals were done in the last decade, and it is quite possible that you have some right to recovery from someone. To evaluate that, however, will require going into more detail than can be done in an internet Q&A. I should also warn you that if the last of the properties was lost in 2008 you are running up on and my have passed statute of limitations deadlines. So if you are going to do anything, you cannot delay.

I'd start by reposting your question in the category for Arizona lawyers to answer.