involuntary lien
- It is a claim or license on an asset that is placed without the agreement or permission of the asset's owner because of specific legal circumstances
- The government put an involuntary lien on the property due to unpaid taxes.
- The creditor imposed an involuntary lien on the debtor's assets due to a failure to fulfill a financial obligation.
- A swimming pool constructor can place an involuntary lien on a property if the owner does not pay for the service.
Provide Feedback
