What is Lien and how does lien work?

A lien is a legal claim on a borrower’s asset, such as a property or vehicle, used as collateral for a loan. If the borrower defaults, the bank can seize and sell the asset to recover the owed amount. In cases of a bank account having a lien means that the creditor has got a Court judgement or an arbitration order to put a lien on your bank account. In which case you will not be able to operate the bank account and the creditor will withdraw any money in the account to pay off the debt.