A lien on your house or car title is a bad thing. A lien you didn’t even know was there is even worse. Jeff Somers is a freelancer who has been writing about writing, books, personal finance, and home ...
A property lien can be either general or specific and voluntary or involuntary. A mortgage lien is a specific, voluntary lien. The priority of the liens on a property determines which debt will be ...
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What Happens If There Is a Lien on Your Property?
A lien is a creditor’s legal right or claim to your property. The purpose of a lien is to hold a property item — it doesn’t have to be a house — as collateral for a loan or debt. If you don’t pay off ...
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