How do I file a lien against a business which owes me over $30,000? The person is a principal of a bail bonds business in Los Angeles. Am I able to collect principle and interest?
3 Answers from Attorneys
Unless you have a written agreement that provides you with a security interest in the borrower's property or business, you are not entitled to a lien until and unless you sue and obtain a judgment or otherwise reach an agreement with the borrower.
I recommend that you consult with an attorney about your rights
By suing and getting a judgment. For that amount, you file suit in small claims court.
I don't know what Mr. Nelson is smoking, but stay away from it. You don't sue in small claims court for $30,000.00. That is an unlimited civil case.