lien creditor

Definition of "lien creditor"
  1. A borrower who is bound by a lien, such as through attachment, ensuring security to the creditor
How to use "lien creditor" in a sentence
  1. The bank became a lien creditor when they attached a lien to the property to cover the outstanding debts.
  2. A lien creditor can enforce the lien if payment defaults occur on the loan.
  3. The owner would need to satisfy all claims of the lien creditor before selling the property.

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