Question
Which of the following is a true statement about a mechanic's lien? Group of answer choices A) All the debtor's properties become owned by the
Which of the following is a true statement about a mechanic's lien?
Group of answer choices
A) All the debtor's properties become owned by the creditor. If the debtor continues to pay the underlying debt, the creditor can foreclose on the debtor's real property to collect the amount due.
B) The creditor's real estate becomes security for the debt. If the creditor continues not to pay the underlying debt, the creditor can foreclose on the debtor's real property to collect the amount due.
C) The debtor's real estate becomes security for the debt. If the debtor continues not to pay the underlying debt, the creditor can foreclose on the debtor's real property to collect the amount due.
D) none of the above
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