If you are a subcontractor or supplier and you ignore your lien rights, you are losing money. A mechanic lien is a subcontractor’s and supplier’s best friend because it allows you to secure your debt by filing a lien against any private real property that you’ve furnished labor and/or materials to improve.
The reason many
Nonpayment is the biggest threat to most subcontractors’ and suppliers’ bottom lines. Nonpayment frequently occurs in the construction and oil and gas industries because most goods and services are sold on credit. C.O.D. sales are uncommon and payment upfront is almost unheard of. Because of this practice, nonpayment is one of the most common legal