If a business that owes you money has been unsuccessful, one option is to place a lien on the assets of the business. As a lienholder, you gain legal rights to the company’s property, as well as the authority to sell the property. Steps To Placing A Lien On A Business Before placing the lien,…
There are 3 general kinds of liens: statutory, consensual, and judgment. Statutory Every statutory lien result from state and federal laws. They typically occur automatically and are deemed as involuntary liens. Liens don’t have to slow you down. Read below and see how you can work out this financial issue. Tax Liens You are going…
Unless you’ve been super lucky as a tradesman or contractor, you’ve most likely dealt with trying to get paid for your work. The realistic fact is that there are project owners that are sluggish to pay – or simply decline to pay To safeguard contractors and other craftsman, each state provides legal refuge through a…
If you have been approved for financing to purchase a vehicle, then you need to get familiar with the term “lien.” A lien is essentially a safeguard for the lender of the vehicle. This represents the lender’s legal right to possession of the car until all debt is repaid. When the buyer of the vehicle…
When an individual owes you money and you do not receive a payment, there are several courses of action you can take. Sending letters demanding payment or hiring a collection agency can work, but if the efforts prove unsuccessful you can always file a lawsuit against the debtor. You can then use a court judgement…
These days, when you buy a house, condo, or townhome that is part of a planned, covenanted community, you will most likely pay monthly fees and assessments to a homeowners’ association. If you become delinquent in paying those fees and assessments, the homeowners’ association will be able to get a lien on your home that…
A medical lien, in a personal injury lawsuit, is used to recover medical bill expenses. Whoever paid for the medical costs can file a medical lien against any monies awarded from your lawsuit. Types of Medical Liens The 3 different types of medical liens include: Medical Provider Liens Hospitals can file for a lien to…
A judgment lien gives a creditor the right to take possession of a debtor’s personal or real property if the debtor does not fulfill their contractual obligations. It is created when a person wins a lawsuit against you and records the judgment against your property. Dar Liens Offers Lien Processing and Filing in Arizona Dar…
A Mechanic lien will enable a contractor to collect owed money earned performing construction work by encumbering (burden with debts or legal claims) the property that was worked on until the debt is paid if full. Dar Liens Offers Lien Processing and Filing in Arizona Dar Liens Offers Processing and Filing of the following types…