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…
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…
If you have ever attempted to sell a or purchase home, you might be informed with property liens—which are linked to its mortgage. However, liens can additionally be put on other kinds of property, including vehicles or possibly work done on your home. What is a lien? And how do you get one taken off?…
A mechanic’s lien is an ensuring of payment to builders, contractors, and construction companies that repair or build structures. This type of lien also extends to material suppliers and subcontractors and additionally cover building repairs. The lien guarantees that the workmen get paid prior to anyone else in case of a liquidation. Understanding a Mechanic’s…
We like to think our home is where the heart is. However, that is not necessarily so, particularly when a lien has been placed on it, and you are the last to find out about it. In all fairness, a lien is placed to collect an overdue debt, but that doesn’t mean your own home…
A property lien is a legal declaration on assets that permits the holder to acquire access to the property if liabilities are not paid. This type of lien is required to be filed and authorized by a state agency or county records department. It is then presented to the property holder with specific conditions notifying them that…
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…