A lien creditor is a creditor with a security interest in the debtor’s property to support the creditor’s claim.
The Uniform Commercial Code §9-102(52) defines a lien creditor as:
- A creditor that has acquired a lien on the property involved by attachment, levy, or the like;
- An assignee for benefit of creditors from the time of assignment;
- A trustee in bankruptcy from the date of the filing of the petition; or
- A receiver in equity from the time of appointment.
[Last updated in June of 2023 by the Wex Definitions Team]
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