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· Liens are legal tools used to protect the interests of creditors and other people who are owed money by property owners. They’re commonly used by banks, lenders, contractors and courts to ensure A lien is a security interest or legal right acquired in one's property by a creditor, or lienholder. A lien usually prevents sale of the property until the underlying obligation to the creditor is satisfied. : a lien that attaches to the papers or property of a client which have come into his or her attorney's possession in the course of employment and that secures payment of the attorney's fees Nov 1, 2024 · What Is a Lien? A lien is a legal claim that a creditor places on a debtor’s property to secure payment of a debt, granting the creditor rights over a portion of that property’s value. Liens are typically placed on high-value assets like homes or vehicles. Dec 13, 2024 · What is a lien? A lien is a legal claim made by a lender or creditor against an asset — such as a home or vehicle — when a borrower owes money.