Are The Mechanics Liens and Bond Claims Laws Impossible To Learn?

Are The Mechanics Liens and Bond Claims Laws Impossible To Learn?I often get notifications about upcoming mechanics lien law seminars and education opportunities. Here’s one in Massachusetts, and another in Ohio.  These seminars probably occur everyday in some part of the United States, and they all promise to teach your company everything it needs to know about liens to protect its right to payment.

Except I believe that’s absolutely impossible Are The Mechanics Liens and Bond Claims Laws Impossible To Learn? .

Some time ago, I met with a potential client about having Zlien manage their preliminary notice work. The client ushered me out of the door because “they do it themselves,” and had just sent their controller to a mechanics lien seminar to learn everything there was to know about mechanics liens.  Except, as it turned out, the lien seminar only taught them how to handle private projects in one state. Whenever they crossed a state’s lines, or did work on a state, county or federal project…they were clueless.

Not to mention the man hours they spent chasing preliminary notice mailings, trying to organize mail returns, and the like. And, of course, pinning all of their preliminary notice compliance on this one employee’s knowledge.

It’s not surprising that I recently got a phone call from this same client who informed me that the preliminary notice compliance management in-house was a mess, the controller who went to the seminar was no longer with the company, and they resigned themselves to needing outside help.

Mechanics lien seminars and education opportunities are fantastic to provide you with background information and general knowledge about liens and bond claims. However, you can’t expect to master the laws with a single (or multiple) seminars.  The landscape is really complex, and even if you do master the laws, the volume of data that needs to be tracked requires you to get software or a service anyway.  So, you might as well start there.

Bottom line:  Mechanics lien seminars are great, but don’t think they are going to fix your receivable problems.

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Are The Mechanics Liens and Bond Claims Laws Impossible To Learn?
Are The Mechanics Liens and Bond Claims Laws Impossible To Learn?
Are The Mechanics Liens and Bond Claims Laws Impossible To Learn?
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About Scott Wolfe Jr

Scott Wolfe Jr. is the CEO of Zlien, a company that provides software and services to help building material supply and construction companies reduce their credit risk and default receivables through the management of mechanics lien and bond claim compliance. He is also the founding author of the Lien Blog, a leading online publication about liens, security instruments and getting paid on every account. Scott is a licensed attorney in six states with extensive experience in corporate credit management and collections law, with a specific emphasis on utilizing mechanic liens, UCC filings and other security instruments to protect and manage receivables. You can connect with him via Twitter, LinkedIn and Google+.Read Scott's Biography Post Here
  • http://constructionlawva.com Christopher G. Hill

    They aren’t impossible, but, much like getting an accountant to do your taxes, get someone who’s job it is to keep up to help you out.

    • http://www.zlien.com Scott Wolfe Jr

      Thanks for comment Chris. I agree!