A Blanket Lien gives a creditor the right to seize all assets, as opposed to a normal lien, which usually is tied to a single asset. Because of this expanded right, a Blanket Lien is creditor favorable.
A Blanket Lien gives a creditor the right to seize all assets, as opposed to a normal lien, which usually is tied to a single asset. Because of this expanded right, a Blanket Lien is creditor favorable.