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Alan Cohen

Why Aren’t You Using Mechanic’s Liens to Collect Your Money?

If you work in the construction industry and are not using mechanic’s liens to collect your money, you are missing out on a valuable tool. Your industry is the only one with this type of collections tool, and it works very well. For contractors, sub-contractors, sub-subcontractors, and suppliers, a mechanic’s lien protects you from deadbeats on the job.

How Does a Mechanic’s Lien Work?

Perhaps you have not explored the idea of a mechanic’s lien because you’ve never heard of one, or are unsure of how they work. It’s a fairly simple mechanism, however, and it’s effective.

With a mechanic’s lien, anyone with a written contract who has provided materials or services to improve a property can place a lien on that property, to obtain unpaid money. You do not need to have a contract with the owner of the property itself. Even if you are a subcontractor, this is a tool that can work for you.

The key to a successful mechanic’s lien is to have a written contract that connects you to the property. While the concept of a mechanic’s lien is simple, the actual statute behind it is very precise and complex, so in order for it to be effective you need to have the right documentation in place and you must strictly follow detailed and time-sensitive procedures.

Mechanic’s liens follow a very specific timeline, from recording notice of contract through to filing a suit if necessary. Everything must be done at the right time, in the right order. This shouldn’t dissuade you from using a mechanic’s lien, however. You just need the right help!

Creating a Foolproof Contract and Enforcing a Lien

With the success of your business and your financial future on the line, it makes sense to have your contract reviewed to make sure that it protects your interests – – protect your money- – and that any action you take to enforce a mechanic’s lien is in line with the rules. Working with an experienced Massachusetts attorney, you can trust that your paperwork is in order in the event that you have to try to recover assets.

The Law Offices of Alan M. Cohen LLC is experienced in drafting and reviewing construction contracts that allow enforcement of a mechanic’s lien, and also in preparing and filing the lien itself. From the initial notice of contract, to enforcing a lien through litigation, we know what to do to make the process work and have extensive experience with mechanic’s lien litigation.

Give us a call today at (508) 620-6900 to have your contracts reviewed and/or to prepare and enforce your mechanic’s lien protection. You can rely on the Law Offices of Alan M. Cohen LLC to take every legal measure to collect the money you deserve.

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