1) Has the building already been sold?
2) Was there an actual Bankruptcy or a foreclosure, or both?
3) Was the building worth more or less than the first mortgage?
1)Not that I know of.
2)Have no idea. Cannot get in touch with owner.
3)More at the time.
How much does this person owe you?
If the money you owe this person is a mortgage for the property, why don't you already have a lien on the property?
Are you actually asking if you can foreclose the property?
To get a lien on the property, you first have to get a judgment. To get a judgment, you have to sue this person in Civil Court. You can hire an attorney to do this for you, or you can do it yourself. If you want to do it yourself, you can get the necessary forms from the clerk at the Civil Court in your county (or borough if in NYC).
I think this is what you wanted to know. If not, please let me know.
DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.
The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).