Quote:
Originally Posted by 3 Justin 3
Odd question, but what is a lien?
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In terms of this thread, it is a debt that is registered to the car. For example if you borrow money to buy a car, your lender might put a lien on the car if you don't meet your payments.
Edit: Also from wiki
Quote:
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a lien is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation
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http://en.wikipedia.org/wiki/Liens
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Last edited by Rathji; 11-14-2008 at 09:53 PM.
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