A complete list of the legal terms and definitions every attorney, paralegal, and law student needs to know.
A security interest in the real or personal property of a debtor whereby a creditor attaches an interest in the debtor’s property to guarantee that the debtor will pay his obligation to the creditor. If the debtor fails to pay in a timely manner the property to which the lien is attached will revert to the creditor.
Start your free trial today
PracticePanther is the leading legal practice management software. Start a free trial today and discover the power of automation at your firm.
