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Dear JACUSTOMER - From what you are saying you already have a security interest in the equipment if you have filed a financing statement or a chattel mortgage on the equipment so I can't say that there would be any other forms. The security agreement would be the same as a lien and give you first right to the equipment
In cases where there is no security agreement or financing statements on file then you would have to file a suit if the payments are not made and the judgment would then be the lien. I'm just not certain from your facts exactly what type of security agreement you already have in place. The financing statement forms are generally available at the local county recorder's office but these should have already been filed if the loan was secured.
I am going to have to opt out of your question and open this to the other experts since I'm not quite certain how you have the right to file a lien on an unsecured note and I don't want to give you any incorrect information.
Thanks so much for choosing this forum to pose your important legal question. I will do my best to give you some honest and accurate guidance as I answer your question.
I hope that makes sense, but please do not hesitate to write back if needed. I shall be signing off soon to attend to some other professional obligations. Please rest assured, however, that I will be sure to check for any updated posts from you when I return to this online forum. I hope all works out and that your business pursuits prosper.
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