This form addresses important considerations that may effect the legal rights and obligations of the parties in a lien matter. This questionnaire enables those seeking legal help to effectively identify and prepare their issues and problems. Thorough advance preparation enhances the attorney's case evaluation and can significantly reduce costs associated with case preparation.
This questionnaire may also be used by an attorney as an important information gathering and issue identification tool when forming an attorney-client relationship with a new client. This form helps ensure thorough case preparation and effective evaluation of a new client's needs. It may be used by an attorney or new client to save on attorney fees related to initial interviews.
Kentucky General Liens Questionnaire
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FAQ
General liens affect all the property, both real and personal, of a debtor.
To attach a lien, the creditor records the judgment with the county clerk for the Kentucky county where the debtor has property now or may have any property in the future.
A general lien is one that attaches to ALL property owned by the lienee. Examples of general liens include: -Federal income tax lien - a statutory lien which can occur when federal income taxes are not paid. -Judgement Lien - a statutory lien which results from court action brought against the lienee.
376.090 Limitation on action to enforce lien -- Priority of lien. (1) Any lien provided for in KRS 376.010 shall be deemed dissolved unless an action is brought to enforce the lien within twelve (12) months from the day of filing the statement in the clerk's office, as required by KRS 376.080.
General Lien ? A claim against some or all of a debtor's property; any property may be sold to satisfy the debt. Specific Lien ? A claim against a specific piece of property; only that individual property may be used to collect against the debt.
Which lien affects all real and personal property of a debtor? General. A general lien attaches to all of a debtor's property as opposed to a specific lien, which affects only a specific property.
General liens apply to all property owned by the debtor. For example, if you fail to pay your federal income taxes, the government could place a lien against everything you own, not just your house.