avoidance of lien
- avoidance of lien
Liens may, in some circumstances, be released or avoided by the court. Generally, liens may be avoided that are (1) preferential, (2) unsupported by value after prior liens, or (3) interfering with an individual debtor's exemptions.
United Glossary of Bankruptcy Terms 2012.
- avoidance of lien
Liens may, in some circumstances, be released or avoided by the court. Generally, liens may be avoided that are (1) preferential, (2) unsupported by value after prior liens, or (3) interfering with an individual debtor’s exemptions.
also see Avoidance Powers, Lien
US Bankruptcy 2012.
Glossary of Bankruptcy.
Look at other dictionaries:
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