Sec. 3. (a) A lien is created against the real and personal property of the obligor in the amount of a judgment described in section 2 of this chapter.

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Terms Used In Indiana Code 31-16-16-3

  • Judgment: means all final orders, decrees, and determinations in an action and all orders upon which executions may issue. See Indiana Code 1-1-4-5
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
     (b) A person holding a lien created by a judgment described in section 2 of this chapter:

(1) has the priority of an unperfected secured creditor in any enforcement proceeding instituted against the property; and

(2) may perfect the lien in the same manner as liens arising from other civil judgments are perfected.

[Pre-1997 Recodification Citation: 31-2-11-9.]

As added by P.L.1-1997, SEC.8. Amended by P.L.3-2008, SEC.233.

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