When a money judgment is obtained against an individual or entity, it establishes a monetary sum that the person filing the lien is entitled to recover. One method of obtaining payment on the judgment is to file it as a lien against property owned by the person who owes the debt. When a judgment is recorded as a lien, the funds owed may be collected using the foreclosure process or from proceeds if the property is sold.

Here’s what you need to know about how judgment liens work in Louisiana, and what’s important to understand about the Pelican State’s rules.

What property can be subject to a judgment lien?

A judgment may be a lien against real property, which can include land, buildings, fixtures, etc. Some states allow a lien against tangible personal property, such as:

  • Vehicles
  • Jewelry
  • Furniture
  • Electronics
  • and other valuables.  

However, keep in mind that Louisiana only allows judgment liens against real property.

How does a judgment become a lien against real property?

If a valid judgment has been obtained, it can be recorded in any parish where the judgment debtor owns or may own property. Once the judgment lien has been satisfied, it’s important to file the necessary paperwork to remove the lien. Failure to do so could result in serious legal consequences.

How long does a judgment lien remain in effect?

A judgment lien does not remain in effect forever. According to Louisiana law, a judgment lien remains valid for a period of 10 years. If the 10 year period passes and the funds are still owed on the judgment, there may be steps required in order to preserve your ability to collect on the judgment.

How can an attorney help with judgment liens?

If you have a judgment, an attorney can help you record it as a lien and pursue other collection efforts. An attorney will help ensure that your lien has been legally filed and that everything is done in compliance with the law. An attorney will also help you understand what options are available to recover the funds owed under the judgment.

If you have a judgment filed against another individual or entity, it’s important to contact an experienced attorney to discuss your options. A seasoned law firm can provide legal advice and representation to assist you with filing and foreclosing upon judgment liens.

Knowledgeable Bankruptcy Attorneys Near You

Bankruptcy attorneys exist to help you through all aspects of the bankruptcy process, including enforcing a judgment lien. In the state of Louisiana, there’s no better bankruptcy team than the lawyers at E. Orum Young. Trusted and knowledgeable, E. Orum Young Law houses expert bankruptcy law attorneys who can be with you every step of the way.

If you have a judgment against someone else, find the help you need by contacting the Law Offices of E. Orum Young. Our experienced and award-winning team can guide you through the process of getting the compensation that you’re owed. We have more than 35 years of experience, so contact us today at (318) 450-3192 for a free case evaluation.