At the turn of the calendar year, I wrote some blog posts about starting the year off right, including: (i) 2012 New Year’s Resolution: Protection Your Lien Rights and Stop Losing Money; and (ii) Read More
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In consulting with companies around the nation about mechanic lien compliance, you’d be surprised how many companies (big and small) try to delegate their company’s mechanic lien compliance onto a secretary or office assistant. The thought is that this mechanic lien stuff is just paperwork, and that’s what the secretary…Read More
You may have noticed we’ve spent the past two weeks doing a pretty comprehensive series on material suppliers and the mechanic lien laws. Here’s a roundup of all those posts, which acts as a nice resource for material suppliers interested in learning more about their mechanic lien rights.Read More
Here I present a short guide to material suppliers on creating a Mechanics Lien Policy for your company, ending with a sample policy for free download.
What Is A Credit Policy? A Mechanics Lien Policy?
According to businessdictionary.com,…Read More
This is a question frequently asked by those in the material supply business. In fact, it’s a common practice by suppliers to worry about preliminary notices only when an account goes unpaid. This makes mechanic lien compliance remarkably easier, because the company need not worry about sending notices to owner…Read More
More than any other construction participant, complying with mechanic lien and bond claim laws is most burdensome for building material suppliers. This post examines the four primary challenges material suppliers face in the mechanics lien context.
It’s interesting that material suppliers are so consistently met with strict lien and bond claim…Read More
Every company has receivable problems. …Read More
As the holiday season winds down and 2012 approaches, everyone in the construction industry is looking back on the fiscal successes and failures from 2011, and making plans…Read More
To material suppliers and equipment lessors who ship thousands or millions of dollars of materials and equipment out on credit, credit policies are quite important. One component of a credit policy too often overlooked in the construction industry is lien protection. When it comes to getting paid, filing a lien…Read More
Yesterday, we wrote an article titled “4 Reasons Why It’s Smart To Outsource Your Preliminary Notice Work,” which discussed some reasons why outsourcing makes sense for construction and material supply companies who need to send preliminary notices to preserve their lien rights. Today, we’re going to get specific, and…Read More