1415 E. Colorado Blvd. Glendale, CA 91205
Tel. 818.546.1787 Fax. 818.546.1791 |
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documentpeopleglendale@gmail.com |
Mon-Fri | 10:00 - 6:00 | |
Sat | 11:00 - 2:00 | Open by appointment
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2496 Lincoln Blvd. Venice, CA 90291
Tel. 310.577.8333 Fax. 310.577.8330 |
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marinadelrey@wethepeoplemdr.com |
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Sat | Open by Appointment Only | |
San Fernando, CA 91340
Tel. 818.838.3900 Fax. 818.704.9396 |
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sanfernando@documentpeople.net |
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27225 Camp Plenty Rd., Suite 5 Santa Clarita, CA 91351
Tel. 661.523.DOCS (3627) Fax. 800.663.4025 |
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santaclarita@documentpeople.net |
Mon, Tues, Wed, Fri | 10:00 - 5:30 | |
Thursdays | 10:00 - 7:30 | |
Sat (by appointment only) | 10:00 - 1:00 | |
All hours by appointment
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2922 Wilshire Blvd. Santa Monica, CA 90403
Tel. 310.264.0517 Fax. 310.264.0597 |
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sm@documentpeople.com |
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4727 Torrance Blvd. Torrance, CA 90503
Tel. 310.370.8399 Fax. 310.370.6399 |
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thedocumentpeople@yahoo.com |
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7219 Balboa Blvd. Van Nuys, CA 91406
Tel. 818.989.7431 Fax. 818.989.7433 |
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dp_vann@yahoo.com |
Mon-Fri | 9:30 - 6:00 | |
Sat | by appointment | |
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21904 Ventura Blvd. Woodland Hills, CA 91364
Tel. 818.704.9395 Fax. 818.704.9396 |
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info@documentpeople.net |
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Sat | 10:00 - 1:00 | |
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1738 S. Euclid Street Anaheim, CA 92802
Tel. 714.772.0449 Fax. 714.772.0745 |
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anaheim@documentpeople.net |
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Sat | 11:00 - 2:00 | |
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Irvine, CA 92614
Tel. 949.474.9991 Fax. 949.474.9992 |
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wtpirvine@gmail.com |
Mon | by appointment only | |
Tues-Fri | 9:30 - 6:00 | |
Sat | by appointment only | |
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Oceanside, CA 92058
Tel. 760.754.9059 Fax. 760.754.8059 |
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thedocumentpeople@att.net |
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228 South A. St.,Suite D Oxnard, CA 93030
Tel. 805.358.1727 Fax. 805.512.9400 |
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oxnard@documentpeople.net |
Mon,Wed,Fri | 9:30 - 5:30 | |
Tue and Thu | 9:30 - 7:30 | |
Sat | 10:00 - 1:00 | |
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Mon | 9:00 - 5:30 |
Tues | 9:00 - 5:30 |
Wed | 9:00 - 5:30 |
Thu | 9:00 - 5:30 |
Fri | 9:00 - 5:30 |
Sat | By appt. only |
Ventura, CA 93003 Tel. 877.277.5158 Fax. 818.704.9396 |
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rrutiz@gmail.com |
We often prepare Deeds of Trust for our Los Angeles customers. A Deed of Trust is a loan secured by a real estate. But what happens if a debtor is willing to put a lien on a business instead?
One of our customers has a mediation agreement in his favor but the other party is not complying.
In general, to be able to file a lien, you need to obtain a judgment, unless you have a debt that is secured. A deed of trust secures a debt (evidenced usually by a promissory note) with a piece of real property. You can file that with the recorder, but to actually obtain the property, you have to foreclose on the debt.
With business assets, the only way for the creditor to enforce his mediation agreement is to file a collection action, obtain a judgment, and then file the appropriate form: (http://www.sos.ca.gov/business/ucc/ra_9_jl1_barcode.pdf).
We hope that this post has helped you better understand the process of putting a lien on a business to secure a loan or debt in Los Angeles or throughout Southern California.
The Document People is a network of independently owned stores that share a common purpose: helping customers represent themselves. We are looking forward to providing you legal document assistance. We serve Woodland Hills, Santa Monica, The San Fernando Valley, Torrance, Orange County and San Diego County.
The information contained in this blog – including information of a legal nature – is provided for informational purposes only, and should not be construed as legal advice on any subject matter.