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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

Construction Growth in Recovering Market

Construction Company Growth and Increased Cash-Flow

Good News: The construction industry has been rebounding from the recession fueled decline, and has been growing for the better part of 3 years. And, with construction spending and the number of new projects up around the country, that trend looks to continue, and strengthen in the near future. Bad News: The growth has been […]

Take Control of Cash Flow With This CFMA Webinar

Cash Management: What Smart Financial Managers Know

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Common Mistakes RSS

Winter Lien Deadlines

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

It’s always a good idea to keep informed of lien deadlines and not wait until the last minute to file. Even though giving the property owner a bit more time to pay you, or to put pressure on the contractor who owes you money, may sometimes enable you to get paid without needing to go […]

3 Lien Waiver Mistakes That Can Burn Your Company

5 Common Mechanics Lien Mistakes You Don’t Want To Make

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Credit Management RSS

5 Steps to Get Construction Companies Paid

5 Simple Steps That Get Construction Companies Paid

No matter what industry you’re a part of, payment is always a concern. This is especially true in the construction industry, where a relatively recent survey found that 0% of parties questioned stated that they were paid fairly and on time for every project. Fair payment is a legitimate concern, especially when the money (and […]

CFM Review: These Warnings Signs Alert You To Payment Problems

The Tool Banks Use for Protection – Why Aren’t You Using It?

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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

Commencement of construction

What Qualifies as Commencement of Construction In Nevada?

The Nevada Supreme Court has recently examined quite a few questions regarding the interpretation of mechanics lien laws in that state. Not only has that court clarified the circumstances giving rise to a material supplier’s mechanics lien, and provided insight into the lien waiver process, it has also responded to direct questions from a bankruptcy […]

Nevada Supreme Court Clarifies Material Suppliers’ Mechanics Lien Rights

Maine Supreme Judicial Court Gets Sale-Happy

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Mechanics Lien RSS

Mechanics Liens and Bankruptcy

Mechanics Liens Protect Against Bankruptcy Up-the-Chain

Unfortunately, the failure rate of construction industry participants is high. This means that the bankruptcy or pending bankruptcy of a contractor is more common than many people may think, and definitely not an unheard-of reason for payment problems. Fortunately, for the parties below a financially troubled contractor, or a financially troubled property owner, mechanics liens […]

Pennsylvania’s New Law Limiting Mechanics Liens Is Poorly Drafted

4 Points Mississippi Subcontractors & Materialmen Must Know About Mississippi’s New Lien Law To Preserve Lien Rights

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Scenarios RSS

Superbowl Turf Mechanics Lien Teaches Contractors Lessons

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

Peyton Manning and Russell Wilson are just hours away (It starts at 5:30pm CT, on Fox) from their battle to hoist the Lombardi trophy, but a battle between Taylor Turf Installation, Inc. and the operators of MetLife Stadium has been on-going for months, as the stadium’s turf installers claim they are owed more than $292,000 […]

Decorative Holiday Lighting and Mechanics Liens

Can A Lien Be Filed If Work Was Originally Done For Free?

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Viewpoints RSS

Construction Technology

The Right Way to Use Mobile Technology in the Construction Industry

The Construction Finance Journal periodically invites forward-thinking construction technology companies contribute to the publication with articles about technology in the construction industry and how the landscape is changing. This article is one in a series of contributions from FieldLens, a friend of the Construction Finance Journal and one of the most promising young construction tech […]

Construction Financial Technology: The Answer is the Cloud

Ohio Supreme Court Gets Pay If Paid Decision Wrong, Hurts Subcontractors

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Working Capital RSS

Waiting for Payment

What National Payable Figures Mean To The Construction Industry

The #SupplierPay program grabbed a lot of headlines over the past two weeks – including here on the Construction Finance Journal (see: Obama’s SupplierPay Fails The Construction Industry). Just after 26 companies pledged to pay their suppliers faster, word came out of CFO.com that “by whatever measure you choose, big companies are taking longer and longer to […]

Obama’s SupplierPay Fails The Construction Industry

Innovative CFOs Will Win In The Recovering Economy

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