Lien legal definition: A lien is defined as a charge against real or personal property to satisfy a debt of duty. Liens are generally the result of a court action. In personal injury actions, several parties can file a lien against an eventual settlement in the case.
Entities that routinely file liens in personal injury actions include:
Car accident insurers
Rules related to liens are handled at the state level. If you’re involved in a personal injury lawsuit, it’s important to understand how liens by a third party could impact an eventual settlement or legal award.
Read more from Pribanic & Pribanic:
“If someone has a serious case, they will get a great effort and a great outcome working with us,” award-winning attorney Victor Pribanic of Pribanic & Pribanic told Best Lawyers Magazine.