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  1. #1

    Question Is There a Minimum Amount You Can File an Action to Foreclose on a Mechanic's Lien

    My question involves a foreclosure in the State of: Georgia

    Is there a minimum amount a homeowner must owe before a contractor can file an action to foreclose on a mechanic's lien in Georgia?

  2. #2
    Join Date
    Sep 2010
    Posts
    6,621

    Default Re: Is There a Minimum Amount You Can File an Action to Foreclose on a Mechanic's Lie

    A lien itself doesn't allow foreclosure. You have to have a further judgment permitting it. In addition, you do know that the senior security (mortgages, taxes, earlier liens) have to get paid off first?

    Usually the lien sits there to assure you get paid when the property is transfered.

  3. #3

    Default Re: Is There a Minimum Amount You Can File an Action to Foreclose on a Mechanic's Lie

    Yes I know. I was asking if there was a minimum amount that had to be owed before filing an action to try and get a judgement.

  4. #4
    Join Date
    Sep 2010
    Posts
    6,621

    Default Re: Is There a Minimum Amount You Can File an Action to Foreclose on a Mechanic's Lie

    I believe it is purely up to what you think is worth the effort to do.

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