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Mechanics Lien School

6 Days to Mastering Mechanics Liens – Day 1: Understanding the Basics

Day One: Understanding the Mechanics Lien Lifecycle Whether you are a mechanics lien veteran, or just getting started, navigating lien laws across the country can be a mess. Having a general knowledge of mechanics lien basics – what liens are, why they exist, and how they work — provides a strong foundation to mastering mechanics liens, […]

Pay When Paid and Pay If Paid Clauses in California

Credit Application Series: Person v. Business Credit Check

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Cash Management RSS

Partnership in Order to Cash Process zlien and Billtrust

What the Billtrust + zlien Partnership Means To You

Here is a story of two credit and collection departments: the status-quo team and the data-driven team. The status quo team has a way of doing things that work, and has worked for years. Their credit risks are controlled, and their collection rates are acceptable to management. Their system may be a green-screen, but it […]

Construction Executive Risk Management Publishes Guide to Improve Receivables and Cash Flow

Lien Policy: Best Practices and Overview

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Common Mistakes RSS

Mechanics Lien Mistakes

These Common Mistakes Can Invalidate Your Mechanics Lien

Parties in the construction industry who are unpaid after furnishing labor and/or materials to a project are generally able to secure payment through the use of a mechanics lien. There are many reasons why mechanics liens are the most formidable tool in the construction industry to virtually guarantee payment, but in order for the lien […]

Don’t Miss Your Lien Deadline By Waiting Until the Last Minute to File

3 Lien Waiver Mistakes That Can Burn Your Company

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Credit Management RSS

4 Traits to Look for When Hiring a Credit Manager

4 Qualities to Look for When Hiring a Credit Manager

Great credit managers are essential to achieving great collections and A/R results. Perhaps more importantly, credit managers can pave the way to (and maintain) healthy, lasting relationships with customers. Below are a few qualities to look for when hiring credit managers.   Charisma Collections is about relationships, and credit and collections managers are at the […]

How A/R and a Lien Policy Work Together

Step Out of the Dark Ages: Why to Use Technology in Lien Policy and Receivables Management

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FAQs RSS

questions-liens

The Project Completion Date: When It Matters And How You’ll Know

It’s very common that we get questions about project completion dates and its effect on a party’s mechanics lien or bond claim rights. This is an important and tricky topic, and unfortunately, there aren’t very many answers. In fact, I spent 6 months last year digging into California county records to locate a solution to […]

Arizona Mechanics Lien Law: Preliminary Notices -The Basics

Stop Notice: What Is It?

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Lien Law Alerts RSS

Construction lender

Seventh Circuit Rules on Construction Lender’s Title Insurance Coverage Related to Mechanics Liens

Mechanics lien claims cloud the title of the property against which they are asserted, and can enjoy an advantageous priority position in potential foreclosure proceedings. Because of this, a common question is how title insurance coverage applies to situations in which mechanics liens are at issue. In a recent case arising out of a Missouri […]

California Prompt Payment Statutes Can Lead To Significant Penalties

Harsh Result in Illinois Mechanics Lien Case

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Mechanics Lien RSS

Property Research: The Hidden Step in Mechanics Lien Prep

Property Research: The Hidden Step in Mechanics Lien Prep

Mechanic liens and notices require certain data to correctly identify the property being liened. Much of property research hinges on the following three pieces of data: Legal Description. Each state has specific requirements for what type of property description is required. However, sometimes particular counties may have different requirements for what they consider a “valid legal […]

I Just Received a Lien. What Does It Mean?

Personal Mechanics Lien Service – Getting It Done

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Scenarios RSS

Utah Improvements

Utah Court’s Definition of “Improvement” Is Poor, Should Be Reconsidered

Questions regarding a mechanics lien’s, or potential mechanics lien’s, validity are some of the most important questions considered by lien claimants. While there are many reasons that may cause a mechanics lien claim to be invalid, the most fundamental is whether or not the work performed is of a type granted mechanics lien protection – whether […]

Super Bowl Turf Installers Filed A Mechanics Lien: 3 Things This Teaches Contractors Everywhere

Decorative Holiday Lighting and Mechanics Liens

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Viewpoints RSS

Mechanics Lien Rights for Equipment Rental Companies and Lessors

Louisiana Lessors Have Disparate Burden To Use Lien Rights

This is a guest editorial post by Kurt Sorensen, the Corporate Credit Director for H&E Equipment.  The following was submitted to the Louisiana State Law Institute Security Devices Committee suggesting changes be made to Louisiana’s Private Works Act (i.e. the Louisiana mechanics lien laws).  Kurt was recently an instrumental player in lobbying the Mississippi legislature to […]

Construction Payment Utopia

You Need Outsourced Technology to Manage Receivables – Here Are Options

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Working Capital RSS

Benchmarking b2b Receivables in Construction Industry

B2B Receivables and Collections Benchmarking Offers Lessons To Construction Industry Finance Professionals

In most cases, collecting on an invoice is not a problem, as a very high percentage of invoices are paid before they age past 90 days. Nevertheless, an entire industry of workers (i.e. credit managers) and vendors (credit monitoring, insurance, etc.) are dedicated to helping companies manage those instances when collecting an invoice is a […]

Take Control of Cash Flow With This CFMA Webinar

What National Payable Figures Mean To The Construction Industry

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