Judicial Liens

A judicial lien is a legal claim on a debtor's property, established by a court judgment. If someone owes money and a court rules in favor of the creditor, the creditor can secure the debt by placing a lien on the debtor's assets, such as real estate. This means the creditor has a right to the property if the debt isn't paid. Judicial liens help creditors ensure they can recover debts by claiming the debtor's property if necessary, often prioritized over other claims in case of bankruptcy or property sale.