lien

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What is a Lien?

The determination of whether a debt is secured or unsecured hinges on whether there is a lien with respect to the property.  In general terms, a lien is a claim against specific property. Typically, the claim belongs to the person or the business that is owed a debt, usually a debt related to the property. It [...]

2008-05-13T14:12:25+00:00
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