Levelset

JULY 5, 2022

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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Construction Law Monitor

APRIL 10, 2014

The legal and business world assume that the B2B relationship and players are more sophisticated. The Fair Debt Collection Practices Act protects the consumer, not businesses. Most business think that when an account is overdue, then they call up a debt collection agency and the debt will be collected or its deemed bad debt.

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Construction Lawyer

MAY 21, 2009

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Subcontractors Mechanics lien allowed where bank seized generals funds.

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Autodesk Construction Cloud

NOVEMBER 15, 2021

The difference between secured and unsecured debts. You are owed a debt. Unsecured credit means the debt is not tied to any collateral. You can collect on the debt by taking things to court, obtaining a judgment, and finding assets to collect the amount owed. A home mortgage is a common example of secured debt.

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Construction Lawyer

SEPTEMBER 22, 2005

His book, Legal Guide to AIA Documents, published by Aspen Publishing, is in its fifth edition. The information provided here is not intended to be a solicitation for legal services, nor does it constitute legal advice. A Legally Inclined Weblog. >. Waivers of liens: fraud. mechanics liens. Categories.

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Lien Illinois AIA Chicago 40

Construction Law Monitor

NOVEMBER 6, 2013

You can also file a mechanics lien to bridge the gap. Before these legal remedies, however, you may get good results from a simple and ineffective step: sending an attorney demand letter. Construction Liens: Are There Any Downsides? One flat fee and your customer gets the demand letter, and usually pays up. Related articles.

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Buisness Facilities Contributed Content

APRIL 15, 2014

million loan participation program fostering business expansion and job creation in Arizona by providing debt financing for small businesses (in collaboration with private finance partners). Additionally, the company must demonstrate that it can service the debt. 97% increase in personal property tax exemption. TAX INCENTIVES.

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