lien statement


A statement of the unpaid balance of a promissory note secured by a lien on property, plus the status of interest payments, maturity date, and any claims that may be asserted. Also called an offset statement.

Use lien statement in a sentence

You should always make sure you know where your lien statement stands and do not ever get to far under water.

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The lien statement was included in the bankruptcy case documents as the lien holder wanted that information to be included.

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When I bought my new car, the dealership included a lien statement in my paperwork that detailed all of my payment information.

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