Are you planning to file a mechanics lien?
by Alan M. Cohen LLC Debt Collection Lawyer in BostonIf you are slow paid or are unpaid for the services or products offered in the construction industry, you can file a mechanics lien.
Mechanics lien can be filed by anyone who works on or supplies materials and equipment to a construction job. You will be an ideal candidate for this procedure if you are a contractor, subcontractor or a supplier.
It is no secret that getting paid in the construction industry is tough and a mechanics lien is a powerful tool to get construction industry participants paid. However, just like any other powerful tool, they can be misused. Whether the misuse is intentional or a potential claimant did not meet the statutory requirements to claim a valid lien, the interested parties or the property owners can take effective steps to have the insufficient lien removed. If you are a property owner and stuck in any such situation, you should take expert legal help. So, if you think you are not paid for the services or products provided for a construction project, first ensure whether you are the right candidate for filing a mechanics lien or not. In case you are found to have misused this powerful tool, the other party may strive to prove you wrong and get the lien removed.
Take help of an experienced legal practitioner who has sound knowledge and experience of helping contractors, subcontractors, and suppliers in filing a mechanics lien. Make sure the solicitor also has good experience in business collection and judgment enforcement because their knowledge in this field will be an added advantage for you.
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Created on Oct 3rd 2017 08:05. Viewed 974 times.
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