when the law gives a creditor the right to impose a claim on your property for an unpaid debt that is a statutory lien 2 one common type of statutory lien is a tax lien in which the government has the right to seize your property if you fail to pay a tax bill 1
a judgement lien occurs when a court rules that a lien should be placed on your property to satisfy your obligations to creditors for example if your insurance does not cover all of the damages you are responsible for in an accident a court might impose a judgement lien 3