What is a lien?

A lien is a legal claim against a property in Massachusetts that allows one party to recover a debt from another party. It is typically used when someone owes money but has not paid. The lienholder may legally collect the money from the property or from the owner of the property. A lien is a type of security interest given by the creditor to the debtor, usually expressed as a legal document. The creditor may use the lien to reach certain property or rights of the debtor, such as title to a house, in order to collect the debt. The lien gives the lienholder the legal right to take the property as payment for the debt. The lien will stay in place until the debtor settles the debt or the lien is released. When a lien is recorded, it can be seen on public records and can affect the owner’s ability to sell or refinance a property. Liens can also be used to protect the creditor’s interest in a property. Liens are often used in foreclosure cases to secure payment on a loan.

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