Debt Small Business

HOW TO DEAL WITH SMALL BUSINESS LOANS AND FUNDS

Liens:

Lien is a claim that someone has on your property. The person claiming it, usually a lender will have the right to foreclose the property that is indicated in the lien in case the borrower fails to discharge loan with in the specified time.  Some kinds of mortgage loans are also liens. Liens are commonly placed on vehicles or real property. There are many types of leans such as tax liens, mechanic’s liens, Judgement liens etc.

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