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LEARNING OBJECTIVES
- Understand the nonconsensual liens issued by courts—attachment liens and judgment liens—and how they are created.
- Recognize other types of nonconsensual liens: mechanic’s lien, possessory lien, and tax lien.
The security arrangements discussed so far—security interests, suretyship, mortgages—are all obtained by the creditor with the debtor’s consent. A creditor may obtain certain liens without the debtor’s consent.
- 1099 reads
