Tag: Notice of Intent to Foreclose
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Construction Payment: What Is a Notice of Intent to Foreclose?
Nobody likes liens, but if you’re not getting paid on a construction project – money that you’ve already earned – then sometimes, filing a lien is necessary. When it gets to the point that a lien is filed, this significant step is usually enough to get the attention of the interested parties on the project…
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The 4 Things You Have to Do After Filing a Mechanics Lien
Here are 4 steps that you should do after you file a mechanics lien on a construction project in order to make sure you get paid the money your earned. And of course, we write about the mechanics lien itself. But we don’t often write about what comes after you file a mechanics lien. We’re…
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Will Filing a Mechanics Lien Ruin Your Business Relationships?
Mechanics liens make an impact. A lien can freeze project funds, can put the general contractor and other higher-tiered participants in hot water with the owner, and at the very least, will grab the attention of the other “up-the-chain” parties on the project. When a lien is filed, it shows you mean business and that…
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Notice of Intent to Foreclose: An ‘Interview’ with zlien‘s Secret Weapon
While the mechanics lien process is designed to get you paid, there is always the occasional project that will require escalation of your lien claim. Even after following the holy trinity of lien rights (the ‘holy trinity’ in this sense is: Step 1 – send preliminary notice; Step 2 – file a notice of intent…