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What type of lien?

A general, involuntary lien placed against a deceased person's estate if there are unpaid debts to creditors

User Twinlakes
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1 Answer

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Final answer:

A general, involuntary lien can be placed against an estate of a deceased indebted person, differing from the crop lien system and depending on state intestacy laws if no will exists.

Step-by-step explanation:

The type of lien described is a general, involuntary lien that can be placed against a deceased person's estate for unpaid debts.

Unlike the crop lien system, which involved voluntary, secured credit using future crops as collateral, a general lien arising from unpaid debts upon someone's death is not tied to a specific property but rather to all of the debtor's estate.

Should a person die intestate, meaning without a will, state intestacy laws will dictate the distribution of assets within the estate after debts and liens have been settled.

The type of lien described in the question is a general, involuntary lien placed against a deceased person's estate if there are unpaid debts to creditors.

This type of lien is usually imposed by a court order or judgment and gives creditors the right to claim the assets of the deceased person's estate to satisfy the outstanding debts.

User Bluesman
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