There are some details in the lien information to pay attention to:

Business debtor and individual debtor

  • This can happen in the case of a co-signer. If a business goes bankrupt, to avoid not getting money they might add an individual debtor.

Registration period

  • Shows how long the lien is valid for and provides you details to see when the lien was registered.
  • If they are not done paying at the end of the term or refinance, then even though its expired, the lien company can take another one out.

Secured party

  • Tells you who provided the lien – typically a financial institution.

Registering agent

  • The company who registered the lien.