Creditor’s Rights: What is a Judicial Lien?
Thoughts from a Maryland Bankruptcy Attorney
A lien is nothing more than a property interest that secures a debt. A judicial lien is a lien that arises after a judgment is entered against a defendant. Generally, a judgment automatically becomes a lien in real estate, that the defendant has in the county. If the sheriff “levies” on property that will also create a lien on that property. The most important thing to keep in mind about a lien is that it relates to a specific piece of property.
Thoughts from a Maryland Bankruptcy Lawyer
Ronald J. Drescher
Drescher & Associates, P.A
10999 Red Run Blvd Ste 205
Owings Mills, MD 21117
Phone: (410) 484-9000
Fax: (410) 484-8120
Rondrescher@Drescherlaw.com
http://www.Drescherlaw.com
FaceTime rondrescher@mac.com
Skype ron.drescher
Practicing in Maryland, Delaware, Virginia, Pennsylvania
