Learn about property liens, their definition, how they work, and the legal rights involved. Find out how creditors use liens to secure assets and protect debts.

At the end of a lawsuit, the prevailing party often ends up with a final judgment awarding it some monetary amount from the losing party. This amount can include amounts for damages, attorney fees and ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A Baltimore County jury has awarded damages of more than $176,000 against a longtime Pikesville lawyer who erroneously assured a client that a judgment lien on his Howard County home had been ...

A factor may receive notice from a judgment creditor that the judgment creditor holds a judgment lien on the accounts of the factor’s client, and be tempted to ignore the notice, since the judgment ...

Section 510(b) of the Bankruptcy Code provides a mechanism designed to preserve the creditor/shareholder risk allocation paradigm by categorically subordinating claims asserted against a debtor by ...

When your efforts to collect a bill from a business that owes you money have been unsuccessful, you can place a lien on the assets of the business. As a lienholder, you gain legal rights to the ...

Business enterprises routinely conclude commercial contracts on a credit basis, billing customers at a later date. Some customers fail to deal in good faith, but it is difficult to know if that ...

Q:My partner and I own a four-unit apartment building as tenants in common. A few years ago, my partner lost a negligence lawsuit, and the court rendered a $200,000 judgment against him. He has a ...

In a victory for the state tax collector, a Maryland appeals court has held that a tax judgment lien never expires. The Court of Special Appeals rendered its decision in overturning a circuit court ...

Dad was a debtor and owned 49% LLC (Mom owned 49%, and Son owned the other 2%). Creditor first moved to reverse veil-pierce the LLC, and the Court denied this request. Creditor then obtained a ...