A lien is a creditor’s legal right or claim to your property. The purpose of a lien is to hold a property item — it doesn’t have to be a house — as collateral for a loan or debt. If you don’t pay off ...

(WSVN) - When she went to the bank to get a loan to renovate her home, she was told there was a lien on her property she had to pay. Her reply? “That’s not my lien on my house.” What do you do in a ...