Reply To: Foreclosure Process as a Junior Lienholder

[avocadoguy]

Thanks, for the response.

I have an Abstract Judgement. I know that in California a judgement creditor cannot put a lien on a specific property. The Abstract Judgement is basically a blanket lien on all properties in the county.

My specific concern is how the foreclosure trustee knows who to pay when distributing the proceeds. Do they search the county records, or as a creditor do I need to be proactive and contact the trustee?

Since I’ve posted, I found some answers:

https://www.titleadvantage.com/nonjudicial_foreclosure.htm

https://codes.findlaw.com/ca/civil-code/civ-sect-2924j/

https://www.allenmatkins.com/real-ideas/real-estate-jukebox-don-t-you-forget-about-me-protecting-a-judgment-lien-creditor-s-interest-in-real-property-upon-foreclosure.html

The 3rd link gives me an important answer. I have to notify the County Recorder in “standard form.”

I do have a lawyer that I used to get the judgement, but I was becoming concerned that he didn’t have specific experience with the process of collecting after a foreclosure and I posted here for second opinion (or possibly a new lawyer!)