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You also don’t have to sit helplessly in the face of bad debts when your debtor fails to make payments. Cohen, can turn bad debts into definite debt payments, while you enjoy a stress-free debtrecovery experience regardless of where you are located—in the state of Massachusetts, another state or another country.
They employ innovative and ethical debt collection tactics, as allowed under state and federal laws to facilitate payments for their clients in Massachusetts. Mechanic’s liens and payment bonds are two powerful options available under Massachusetts law. What is a mechanic’s lien?
If you are unlucky enough to have done business with construction companies or property owners who seem to be rolling in cash, but never have time to pay, you’ll soon find out the importance of a mechanic’s lien in Massachusetts in debtrecovery. Why Should I File a Mechanic’s Lien With a Trusted Attorney?
The Massachusetts Mechanic’s Lien Statute is a law that helps safeguard contractors’ and suppliers’ “investment” in a construction project’s improvement. Mechanic’s Lien—What is it and How Does it Work? A mechanic’s lien is a statutorily-created lien against the construction property.
Suppliers, contractors and subcontractors, especially those in the construction industry, know this all too well, as they can often be strung out waiting for their compensation after completing work for the project for which they were hired. But who is eligible for a mechanic’s lien?
If you own a large construction company, you are familiar with mechanic’s liens. They are a powerful tool given by statute to certain actors in the construction industry, and they’re the only type of property lien that doesn’t require a judge’s approval. These are an effective method of obtaining payment from delinquent clients.
Before a business owner can file a mechanics lien for an unpaid construction or building debt, they must first establish a contract by filing a notice of contract. What is a notice of contract and why do you need it for a mechanics lien? What are the requirements of a mechanics lien? At Law Offices of Alan M.
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