One of the ways to avoid bankruptcy is to try to keep your expenses under control. From my own experience, I can say that this might not always be possible as many things might happen that you do not have control over. Bankruptcy bankruptcy can mean a lot of stress to a person who has to file for it for some reason. If bankruptcy cannot be avoided, a person who has to file for it might want to choose to learn something about it and at least learn how to file for it the right way. It does not hurt to learn a little about things you are concerned about, especially when it comes to topics such as bankruptcy. I learned that lien is the right to take and hold or sell the property of a debtor as security or payment for a debt or duty. I remember hearing the term “lien” before, but I never really knew what it actually meant to be honest. Now I know what it means and I am very happy about it. My knowledge is definitely going to help me next time I am going to need to deal with bankruptcy.