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Encyclopedia :
L :
LI :
LIE :
Lien avoidance |
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Lien avoidanceIn bankruptcy the debtor, by way of a Motion to Avoid Lien, can avoid certain liens that attached to the debtor's exempt property prior to the filing of the bankruptcy petition. This action is often used to clear title to land from a judgment lien arising out of pre-petition activity in a state court. |
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This article is from Wikipedia. All text is available under the terms of the GNU Free Documentation License. |
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| © 2008 Chamas Enterprises Inc. |
