Credit Meltdown Squeezing Contractors – Lien To Protect Your Rights
On October 2, 2008
By Scott Wolfe Jr
The Associated General Contractors organization just published an article titled “Credit Meltdown Market Squeezes Contractors,” reporting how the recent economic problems in the U.S. are greatly effecting those in the construction industry.
The article discusses the upheaval on Wall Street, and how its stopping construction projects all over the country. You can read the article at the AGC website at this address: http://tinyurl.com/534o4h
Now more than ever contractors should consider the benefits of a construction or mechanics lien.
Lien rights do not last forever, and with the uncertainty of the U.S. economy and credit flow within the construction industry, its important for your construction company to protect your investment into a project.
Construction liens are available in virtually every state, and works to transform the project job site as a sort of “collateral” to the contractor for its payment.
Express Lien, Inc. is now filing liens across the country. Filing a mechanics lien costs only $295.00 – a flat fee that includes the preparation and filing of the lien, storage of the documents on our secure servers, and sending copies of the filings to all interested parties.
Express Lien also files lien cancellations, notices of intent to lien, and preliminary notices.
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