Arizona Shares Authorized Attachment (ASA) is an Arizona law that allows an individual to attach a lien to their debtor's property. This lien is a security interest which allows an individual to collect money owed to them by a debtor. There are two types of ASA: Personal Property (PP) and Real Property (RP). The PP ASA is used for personal property such as furniture, electronics, and vehicles. It allows the individual to attach a lien to the debtor's property and collect the money owed to them. The RP ASA is used for real property such as land, buildings, and homes. It is a more complex process that involves filing a lien on the debtor's property with the county recorder's office. This lien will be used to collect the money owed to the individual. Both types of ASA are in place to provide an individual with legal recourse for collecting money owed to them by a debtor.
Arizona Shares Authorized Attachment (ASA) is an Arizona law that allows an individual to attach a lien to their debtor's property. This lien is a security interest which allows an individual to collect money owed to them by a debtor. There are two types of ASA: Personal Property (PP) and Real Property (RP). The PP ASA is used for personal property such as furniture, electronics, and vehicles. It allows the individual to attach a lien to the debtor's property and collect the money owed to them. The RP ASA is used for real property such as land, buildings, and homes. It is a more complex process that involves filing a lien on the debtor's property with the county recorder's office. This lien will be used to collect the money owed to the individual. Both types of ASA are in place to provide an individual with legal recourse for collecting money owed to them by a debtor.
