Lis Pendens: Canada Debt .ca defines Lis Pendens

Bankruptcy Term Lis Pendens

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Canada Debt has the definition to the bankruptcy and debt term Lis Pendens. Finding answers to terms such as Lis Pendens can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Lis Pendens in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Lis Pendens' is used as follows:

A dispute which is the subject of ongoing or pending litigation. Oftentimes, a lis pendens can be filed at the Land Registry Office against real property to denote to third parties that another party may have an interest in the property.