Credit Meltdown Squeezing Contractors – Lien To Protect Your RightsOn October 2, 2008 By Scott Wolfe Jr
Now more than ever contractors should consider the benefits of a construction or mechanics lien.
As soon as the construction project comes to a halt or payment is late, contractors, subcontractors and suppliers should rush to file its construction / mechanics lien to protect its interest in the property. 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.
The time available to file a construction lien is not indefinite, and the legal requirements should be followed to the letter. However, when filed correctly, a construction lien can help your company recover payment for its project.
Wolfe Law Group files construction liens in Washington and Louisiana for $675.00.
Zlien, Inc., a lien filing and document preparation service, files construction liens all across the country for $295.00 each. The service includes preparation and filing of the lien, storage of the documents on its secure servers, and sending copies of the filings to all interested parties. Zlien also files lien cancellations, notices of intent to lien, and preliminary notices.