California  |  Civil Litigation

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6/20/09, 12:15 pm

Legal Question

mechanics lien law

I have a mechanics lien against a former corporation in excess of 125k. I am a minority shareholder in the corp, and the majority owner offered a pick up truck for my shares, but a bank had a lien on it. The truck is worth about 7.5k. The bank took the truck without notice or hearing refarding the truck. Can they just take it like that even though I have a lien on virtually everything?


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