Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

lien creditor

Read a random definition: nonrefoulement

A quick definition of lien creditor:

A lien creditor is someone who has a right to take someone else's property if they don't pay back what they owe. This can happen if the creditor has legally attached or seized the property as collateral for the debt.

A more thorough explanation:

Definition: A lien creditor is a creditor who has obtained an interest in a property through attachment, levy, or some other similar means.

Example: If a person owes money to a creditor and fails to pay, the creditor may obtain a lien on the person's property. This means that the creditor has a legal claim on the property and can take possession of it if the debt is not paid. For example, if a person fails to pay their mortgage, the bank may become a lien creditor and foreclose on the property.

Explanation: A lien creditor is a person or entity that has a legal claim on a property due to an unpaid debt. This means that they have the right to take possession of the property and sell it to recover the debt owed to them. The example of a bank foreclosing on a property due to unpaid mortgage payments illustrates how a lien creditor can take possession of a property to recover a debt.

lien | lienor

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
LSD+ is ad-free, with DMs, discounts, case briefs & more.