Articles

Can mechanic’s lien actually get you paid?

by Alan M. Cohen LLC Debt Collection Lawyer in Boston

As a construction worker, if you’ve not been paid by the property owner for your services and resources, you can take the matter to a court of justice and fall back on the court to recover your debt. But here’s the catch – while a court (if a verdict is passed in your favor) can absolutely help you with the state and federal laws about retrieving your judgment money, they cannot really help with the enforcement of a judgment. Even so, not all is lost. You can still have a mechanic’s lien on the property where you worked.

23434990_1580825718622141_3398093588402215805_n

A lien refers to a legal claim or hold on some type of property that is used as collateral. A property lien, for the most part, exists when a relatively large amount of money is involved like new mortgages, business loans or in this case, outstanding pay. A lien may hold back the property owner from selling their property as they won't be able to transfer the title of the property with a lien against it.

If you have a lien on the property owner’s estate, you are lawfully allowed to force sell the property to collect back the money you're owed. If they do plan to sell their property, you must be paid before the title of property can be cleared and transferred to the buyer.

It’s blatantly obvious that nobody really wants any hindrance when selling their property, so a mechanic’s lien, in fact, is more likely to get you paid for what you’re owed.


Sponsor Ads


About Alan M. Cohen LLC Innovator   Debt Collection Lawyer in Boston

18 connections, 0 recommendations, 71 honor points.
Joined APSense since, May 27th, 2017, From Boston, United States.

Created on May 16th 2018 00:54. Viewed 304 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.