Events Legal Lien Security 
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?
Levelset
JUNE 3, 2022
Contractors on public projects aren’t allowed to file mechanics liens when payment problems arise, as both the federal and state governments explicitly prohibit private entities from claiming an interest in public property. However, contractors have to follow certain steps in order to keep their payment rights secure on public works projects.
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Contractor Bookkeeping
JUNE 15, 2012
We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. The customer may also receive the legal defense of a claim because your general liability policy for FREE!
Contractor Bookkeeping
JUNE 20, 2014
We strongly recommend a Subchapter S Corp (a Sub S) for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. The customer may also receive the legal defense of a claim because your general liability policy for FREE!
Levelset
JULY 9, 2022
When payment problems come up on a public project, contractors can’t just file a mechanics lien as a solution, as both the federal government and state governments prohibit private companies from gaining interest in public property. Lien waivers. Deep dive : Georgia’s Very Unusual Rules for Mechanics Lien Waivers.
Contractor Bookkeeping
JANUARY 2, 2015
Get Organized - We strongly recommend a Subchapter S-Corp for tax advantages, protecting your personal assets in the event of a claim or lawsuit against your company and for future expansion. The customer may also receive the legal defense of a claim because your general liability policy for FREE!
Levelset
JULY 7, 2022
When payment problems come up on a public project, contractors can’t just file a mechanics lien as a solution, as both the federal government and state governments prohibit private companies from gaining interest in public property. In some cases, securities, bonds, or other similar instruments may be substituted for retainage.
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