Repairers Lien: Canada Debt .ca defines Repairers Lien

Bankruptcy Term Repairers Lien

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Canada Debt has the definition to the bankruptcy and debt term Repairers Lien. Finding answers to terms such as Repairers Lien 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. Repairers Lien in financial terms means...

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

A mechanic or other person who, by bestowing money, skills or material on any chattel, is entitled to a lien on the chattel, which empowers that person to sell the chattel if he is not paid within a prescribed period of time.