What is the Difference Between a Mortgage Lien & Judgment Lien?
Mortgage Lien vs. Judgment Lien
A mortgage is a specific, voluntary lien. It is specific to the piece of property and is voluntary because it was agreed to by the property owner. A judgment lien is an example of a general, involuntary lien. Judgment liens can be applied against any of an individual's assets. They are involuntary liens because they are not agreed to, but instead arise by law.
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