A lien is a claim that someone has on particular property. There are two types of liens: Consensual and non-consensual.
In the case of a consensual lien, the individual or entity that has the lien - such as a lender - can repossess or foreclose on the property which is subject to the lien if payments on an associated loan are not made, or if other agreed-upon terms are not met. An example is a payment agreement for a car loan.
A non-consensual lien can be obtained through a court process to put a claim on an asset for unpaid bills/debts. These include tax liens, or contractor's or mechanic's liens. A tax lien is a lien is placed against property by a federal, state, or local government for non-payment of taxes. A contractor's or mechanic's liens may be obtained by a contractor or supplier for non-payment of supplies/goods or services.
A judgment is a court order that is the final decision in a lawsuit (although it may be subject to an appeal). If a judgment is entered, the party who obtained the judgment has strong tools to collect the debt, including against property and wages.
Our Liens & Judgments search results vary depending on the state, and may include Debtor Name and Address, Creditor Name, Case Number, Filing Date, Amount, Book/Page, Filing Type, Release Date, Original Case Number, and Serial/Cert. Number.