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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…
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…
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…
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…
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…
Basically, an HOA lien is a legal claim toward a property in order to get unpaid HOA fees. If an owner neglects to pay their fees, the HOA has a legal right to put a lien on their property. Meaning…
When you are involved in a major accident, you are going to require medical attention sooner than later. Subject to the seriousness of the accident, you might be facing significant medical bills. When you are aware that another person(s) is…
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…
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…
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