A Living Trust Does Not Allow Creditors to Obtain a Lien

question 71

True/False

A living trust does not allow creditors to obtain a lien against the property in the trust.

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Definitions:

Gasoline

A petroleum-derived liquid used primarily as fuel in internal combustion engines.

Substitute Goods

Products or services that can serve as replacements for each other; when the price of one increases, the demand for the other increases.

Liquid Laundry Detergent

A water-based cleaning agent used for washing clothes, which is specially formulated to dissolve, suspend dirt and soils, and rinse them away, leaving the fabric clean.

Powdered

Reduced to a fine or dust-like particle size through grinding or pulverization.