A judgment is a legal obligation to pay back a debt after a creditor or collector successfully won a lawsuit against you over an outstanding debt.
A lien is a charge upon real or personal property for the purposes of fulfilling a debt obligation. If the obligation is not fulfilled, a creditor can seize whatever asset is the subject of the lien.
Keep in mind that a judgment or lien will remain on your credit report for seven years after you have satisfied the payment(s). The longer you wait to deal with it, the longer it will remain on your credit report. The best thing that you can do is to take the time to figure out exactly what you can afford to pay. Once you have this information, call to negotiate a payment plan. In some cases, you can even negotiate for a letter of deletion.
Are you still unsure about what to do? Consider reaching out for a consultation appointment to get more information.