Promises To Pay Mean Squat To Your Lien Deadlines

Promises To Pay Mean Squat To Your Lien Deadlines

On October 18, 2010 Author By Scott Wolfe Jr

Promises To Pay Mean Squat To Your Lien DeadlinesOwed money on a construction project, but weary about filing a mechanics lien because the owner or contractor is promising to pay?

Well, as the promise to pay “tomorrow,” turns into “Friday,” and turns into “next week,” the time period available for you to file a mechanics lien continues to tick. And in some instances, the time periods can be quite short.

It’s very important for contractors and suppliers to realize that these promises to pay do not extend the lien period. You only have one shot to file your mechanic lien, and once the window closes, it will never re-open.

So, while a promise to make a payment is a significant comfort (it’s better than an outright refusal to pay), a business should be weary about relying on this promise and foregoing its right to lien. The lien protections will disappear…and your client’s promises? Who knows.

Related posts:
  1. Charts to Make Texas Lien and Notice Deadlines Easy
  2. Video Demo: Calculate Mechanic Lien Deadlines
  3. Think You Know The Last Date You Delivered Materials or Performed Services? Think Again
  4. Step-By-Step Guide on Using Lien Pilot to Manage Lien and NTO Deadlines
  5. Are Texas Lien Deadlines Most Complex in Nation?
Comments (3)
  1. [...] It’s beyond me why companies owed significant sums of money on a construction project won’t take the simple step of filing a mechanic lien. Time and time again we’ve posted on this blog that you only get one chance to file a lien, specifically writing an pointed article title: “Promises to Pay Mean Squat to your Lien Deadlines.” [...]

  2. [...] It’s beyond me why companies owed significant sums of money on a construction project won’t take the simple step of filing a mechanic lien. Time and time again we’ve posted on this blog that you only get one chance to file a lien, specifically writing an pointed article title: “Promises to Pay Mean Squat to your Lien Deadlines.” [...]

  3. [...] Second, the promise will not slow down your state’s mechanic lien deadlines. We wrote a blog post about this in the past called: Promises To Pay Mean Squat To Your Mechanic Lien Deadlines. [...]

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