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astraxan [27]
3 years ago
5

Brewery Company’s debt to Credit Service is past due. Credit obtains a judgment against Brewery, but the firm refuses to pay. Cr

edit asks the court to order the seizure of Brewery’s property. This is a request for
Business
1 answer:
aivan3 [116]3 years ago
5 0

Answer:

mechanic's lien

Explanation:

From the question we are informed about how Brewery Company’s debt to Credit Service is past due. Credit obtains a judgment against Brewery, but the firm refuses to pay. Credit asks the court to order the seizure of Brewery’s property. In this case, This is a request for mechanic's lien.

Mechanic's lien can be regarded as security interest as regards title of a particular property, this is for the gains of everyone that are involved in supplier of labor as well as materials for the improvement of the property. The lien covers the real property as well as personal property. Mechanic's lien can be regarded as guarantee of payment for contractors as well as construction firms that are involved in building or repairing of structures.

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2 years ago
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djverab [1.8K]

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