The Lien Foreclosure Process Explained for Contractors

Описание к видео The Lien Foreclosure Process Explained for Contractors

Filing a mechanics lien is the best way to cut down the amount of time it takes to get paid in construction. But, occasionally, getting paid requires a bit more muscle. Contractors might have to foreclose on their lien in order to recover their money. The good news is, a lien foreclosure is relatively rare.

However, since they’re so uncommon, there’s a lot of mystery surrounding the actual lien foreclosure process. This video will help clear up some of the foggier details about foreclosing on a lien, so you’ll know what to expect.

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