What does judgment lien mean?
Definitions for judgment lien
judg·ment lien
This dictionary definitions page includes all the possible meanings, example usage and translations of the word judgment lien.
Princeton's WordNet
judgment liennoun
lien on a debtor's property that is granted to a creditor by court judgment; lien may be enforced by having the sheriff seize the property and hold a sheriff's sale
ChatGPT
judgment lien
A judgment lien is a court ruling that gives a creditor the right to take possession of a debtor's property if the debtor fails to fulfill his or her contractual obligations. It is a way for creditors to secure repayment of a debt, usually obtained after winning a lawsuit against the debtor. This lien is typically attached to a piece of property, such as a house or a car, and can prevent the debtor from selling or refinancing the property until the debt is paid.
Matched Categories
Numerology
Chaldean Numerology
The numerical value of judgment lien in Chaldean Numerology is: 1
Pythagorean Numerology
The numerical value of judgment lien in Pythagorean Numerology is: 8
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"judgment lien." Definitions.net. STANDS4 LLC, 2024. Web. 20 Apr. 2024. <https://www.definitions.net/definition/judgment+lien>.
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