Examlex
If a parent threatens a punishment and then backs down when the child begs for mercy,what will the parent accomplish?
Possessory Lien
The right of a person or entity to retain possession of a property belonging to another until a debt owed by the property owner is paid.
Lienholder
An individual or entity that has a legal right or interest in a property, typically as security for a debt or charge.
Debt
An amount of money borrowed by one party from another, under the condition that it is to be paid back at a later date, usually with interest.
Garnishment
Garnishment is a legal process by which a creditor can collect what a debtor owes by requiring a third party to turn over the debtor’s assets.
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