Do you have a Lien on your property and are concerned it might show up on your Credit? In this post, find out if a Mechanics Lien can impact your credit and the best ways for improving it! A Mechanic’s Lien is an effectual collection tool for those who have completed work on a construction…
It’s vital to understand what liens are and in which way they can affect your personal injury settlement. As a matter of fact, liens play an important role in how much money you end up going home with. A lot of injured victims know that an attorney’s responsibility is to negotiate a fair settlement through…
A lien waiver is a written contract between a payor and a contracting party in which said contracting party “waives” their right to place a lien on the payor’s property or merchandise. Lien waivers are typically used in the construction industry during stages of projects. A lien waiver shares similarities to a receipt and can…
A new term you may happen upon throughout a personal injury case in Arizona is a medical lien. This type of lien is a claim that another party has a claim to a portion of your settlement or jury determination. It specifically details a claim a medical provider, hospital or health insurance agency has for…
The most vital thing to know is that a lien notice is not a lien. It is a notice that your contractors can legally file a lien to safeguard their work invested in your property. Contractors are required to provide a lien notice any time they carry out work that upgrades a property while receiving…
What Is a Notice to Owner (NTO)? A Notice to Owner (NTO) is a legal document that contractors, subcontractors, and suppliers send to a property owner to notify them that they are providing labor, materials, or services for a construction project. It serves as a preliminary notice that protects their right to file a mechanic’s…
It may be kind to lend money, but it can also be risky. People who owe money don’t always pay it back. Creditors who are owed money may look for other ways to get their money back, whether they are individuals or businesses. One choice could be to put a lien on the debtor’s real…
Filing a lien depends on the type of lien you need to file (e.g., mechanic’s lien, property lien, tax lien, judgment lien). Below is a general step-by-step guide for filing a mechanic’s lien (commonly used in construction and contractor work). If you need information on a different type of lien, let me know! How to…
Assessment liens are an involuntary lien linked to a homeowners property for the benefit of a homeowners’ association, after any HOA member becomes overdue on their HOA assessments. This type of lien enables the HOA to sell the homeowners property to payback assessments indebted to the HOA. This type of lien also acts as a…
If you are getting ready to sell your house, a quick search of public records can uncover an existing lien. A lien can undoubtedly throw a wrench into the whole transaction. Let’s take a deeper dive into home/property liens. What Are The Types Of Liens On A House? A lien is a legal notice attached…