A lien is a "claim" or hold on a property to secure repayment of a debt or satisfaction of a debt. Liens can be consensual or not. Some liens are consensual because of a contract between the debtor and the creditor. Examples of consensual liens are: Mortgages, Car Loans, and Secured Credit Cards. An example of a Non Consensual lien is a tax lien. If you do not pay your Federal taxes, the IRS will put a lien on your property. This ensures the government that when you sell your home they will get paid first.
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My name is Chad McCullough, owner of Armor Credit Solutions. I’ve been restoring consumer credit since 2005. We specialize in restoring damaged credit and helping people purchase the home of their dreams. I really enjoy helping people with their credit; it takes vast knowledge and experience to figure out how to raise one’s credit scores.
Armor Credit Solutions will remove/correct many derogatory items off the credit report by working through a variety of Federal Consumer Protection Laws, help in reestablishment of credit/implement strategies for current accounts and provide valuable education to help grow and protect scores.