Legal Question in Real Estate Law in Virginia

I have a judgement lien against an organization. They have many properties. One property is coming up on a foreclosure sale. My lien was recorded in Circuit Court so I received a letter telling me about the foreclosure sale. The bank is the first lien holder. The IRS may be the 2nd, I'm probably the 3rd. I know I should go to the sale to protect my interest. Am I supposed to write letter to the lawyer or person handling the sale? I don't know what I'm supposed to be doing before sale or during.


Asked on 7/06/10, 3:11 pm

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Yes, you should send written notice to the individual handling the sale to remind

him or her of your judgment creditor status with respect to this property and

then, if at all possible, attend the auction to determine the sale price of the property and whether this price was sufficient to pay off your judgment lien.

If so, you would then follow up with the handler to determine what you need

to do to receive your payoff.

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Answered on 7/06/10, 8:28 pm


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