While the process for filing and perfecting a mechanic’s lien (also called a construction lien in certain states) varies from state to state, federal bankruptcy law applies to all states. As a result, ...

This article originally appeared in the December 2023 issue of Security Business magazine. When sharing, don’t forget to mention Security Business magazine on LinkedIn and @SecBusinessMag on Twitter.

In Maryland and elsewhere, a mechanic’s lien safeguards a contractor’s entitlement to payment on a private project. It is a statutory device that, if properly pursued, provides a contractor a security ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A mechanic’s lien is a lien that arises when a construction professional performs work on another person’s property. This type of a lien provides the construction professional with a security interest ...

For years, Colorado property owners, as well as banks and other lenders that had deeds of trust (mortgages) on real estate, paid off or settled with subcontractors and suppliers who claimed mechanic’s ...

Liens are legal claims on property that are often placed by creditors or government agencies to secure property taxes, contractor fees and other unpaid debts. Common types include tax, judgment, ...

In Colorado there are two types of mechanic’s liens, and understanding the difference between them is critical for both owners and contractors. One type provides for mechanic’s lien remedies to those ...

Even though mechanics liens have been around in this country for about as long as construction itself, there’s still a great deal of confusion in the industry about how liens actually work. Case in ...

A lien is legal claim against a business's property or assets. A lien gives a creditor security interest in business property until the lien is released. Laws vary by state, but a creditor can ...