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Does a Lien Affect Your Credit Score?

Levelset

If you receive a notice that a lien has been filed on your property, you may wonder how it will affect your credit score and your ability to borrow money or get credit. Mechanics liens are different from other collection instruments, so they are treated differently when it comes to reporting on your credit history. What is a lien?

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Mechanics Lien and Bond Claims Best Practices

Best Practices Construction Law

While I generally limit my guest posts to my fellow law partners, I simply could not resist sharing with you today's post from my friend and construction attorney, Scott Wolfe, Jr. He is the founder of Zlien.com , a national mechanics lien filing and compliance management service. I hope you enjoy. + + + + + + + + + + + +.

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Ahern Second Reorganization Plan Approved

Construction Equipment

Bankruptcy Court. The plan will help the company emerge from Chapter 11 bankruptcy, which it filed Dec. Since filing, Ahern Rentals has continued business operations and improved its financial condition while addressing the maturity of its term loan and second lien notes. Don Ahern and John Paul Ahern, Jr.,

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The First Green Building Litigation. The Rest of the Story.

Green Building Law Update

In the spirit of Paul Harvey’s “The Rest of the Story” radio program, last week I telephoned Jim Shaw, of Shaw Development, to follow up, In the Southern Builders case, disputes and difference arose out of the construction of a $7.5 A counterclaim was filed by Shaw Development alleging breach of contract and negligence.

Green 120
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The First Green Building Litigation. The Rest of the Story.

Green Building Law Update

In the spirit of Paul Harvey’s “The Rest of the Story” radio program, last week I telephoned Jim Shaw, of Shaw Development, to follow up, In the Southern Builders case, disputes and difference arose out of the construction of a $7.5 A counterclaim was filed by Shaw Development alleging breach of contract and negligence.

Green 120
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Be Ready to Lien in 2009 (But be Careful)

Help Everybody Everyday

2009 is likely to be a year in which many construction liens are filed. As all of us in construction know, and as reported in the AGC Smart Brief , the beginning of 2009 and through 2010 will likely show an even greater downturn in the commercial and residential markets. Kaled Naser, et. CL07-5431 (Va. 2d 886 (Va. 2d 886 (Va.

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#67:  Paying Your Subcontractor's Employees

NH Construction Law

The main advantage of such “trust fund” provisions is in bankruptcy; trust funds are not considered assets of the subcontractor/debtor that can be distributed to general creditors. any principal of the sub signing the lien waiver may also be liable to the general. If the sub falsely swears (it happens!),