What is a lien called that allows both real estate and personal property to be sold to satisfy a debt?

A lien that allows both real estate and personal property to be sold to satisfy a debt is referred to as a general lien. General liens arise from debts that are not limited to a specific property; instead, they attach to all the property owned by the debtor. This means that if the debtor fails to pay the debt, the creditor may have the right to claim any assets owned by the debtor, including both real estate and personal property, in order to satisfy the debt.

For instance, if someone has a judgment against them for a debt, a general lien can be placed against all their assets, allowing the creditor to pursue any property the debtor owns, not just a specific piece of real estate. This is what distinguishes a general lien from a specific lien, which only pertains to a specific property type, such as a mortgage lien that is tied to a particular piece of real estate. Understanding this distinction is crucial when discussing debt recovery options in real estate and personal property contexts.