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A construction lien is an assertion made towards a property by builders, contractors or subcontractors that hasn’t been paid for construction completed on that property. These types of liens are created to safeguard professionals from the result of not getting…
A mechanic’s lien is an ensuring of payment to builders, contractors, and construction companies that repair or build structures. This type of lien also extends to material suppliers and subcontractors and additionally cover building repairs. The lien guarantees that the…
We like to think our home is where the heart is. However, that is not necessarily so, particularly when a lien has been placed on it, and you are the last to find out about it. In all fairness, a…
A property lien is a legal declaration on assets that permits the holder to acquire access to the property if liabilities are not paid. This type of lien is required to be filed and authorized by a state agency or county records…
The lien removal process will vary by state, but it typically involves completing appropriate paperwork and paying a fee for the new vehicle title. If you are wondering how to get a lien removed from a car title, follow this…
If a business that owes you money has been unsuccessful, one option is to place a lien on the assets of the business. As a lienholder, you gain legal rights to the company’s property, as well as the authority to…
There are 3 general kinds of liens: statutory, consensual, and judgment. Statutory Every statutory lien result from state and federal laws. They typically occur automatically and are deemed as involuntary liens. Liens don’t have to slow you down. Read below…
Unless you’ve been super lucky as a tradesman or contractor, you’ve most likely dealt with trying to get paid for your work. The realistic fact is that there are project owners that are sluggish to pay – or simply decline…
If you have been approved for financing to purchase a vehicle, then you need to get familiar with the term “lien.” A lien is essentially a safeguard for the lender of the vehicle. This represents the lender’s legal right to…
When an individual owes you money and you do not receive a payment, there are several courses of action you can take. Sending letters demanding payment or hiring a collection agency can work, but if the efforts prove unsuccessful you…
Basically, an HOA lien is a legal claim toward a property in order to get unpaid HOA fees. If an owner neglects to pay their fees, the HOA has a legal right to put a lien on their property. Meaning…
When you are involved in a major accident, you are going to require medical attention sooner than later. Subject to the seriousness of the accident, you might be facing significant medical bills. When you are aware that another person(s) is…
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