I invested $50,000 with a company who was flipping properties and shortly thereafter all real estate transactions died. Can I put liens on them (business owners) to secure my money. They said they would pay but not sure when. What if one of them dies? One of the owners already had a heart attack.
Although you cannot obtain a lien without a judgment, you may be able to obtian a prejudgment "writ of attachment." This remedy does require you to hire an attorney. A writ of attachment works much like a lien. It is available only in certain contract actions where the amount in dispute is reasonably calculable and the plaintiff can demonstrate likely success. Lawsuits often quickly settle when a plaintiff obtains a writ of attachment. Your matter appears to be the type of action that would permit a prejudgment writ of attachment.
Judgment liens are the result of someone winning a lawsuit, and then entering the judgment against your property. They can be placed on your car or home.