Is the Lien Consensual or Statutory?
What’s the Difference between Consensual and Statutory Liens? In commercial credit, creditors have an opportunity to secure accounts receivable by...
Mechanic's Liens & Bond Claims (5)
Legislative Updates in Construction 2021
Notice, Mechanic’s Lien, and Bond Claim Legislative Updates 2021 In 2021, several states have enacted legislative updates to their mechanic’s lien...
Survey: Securitization on A/R During the Pandemic
Credit Research Foundation Survey: The Use & Impact of Securitization on A/R During the Pandemic Originally published in The Credit Research...
Arkansas Lien & Bond Law Changes in 2021
Residential Mechanic’s Liens and Payment Bonds for Public Projects Arkansas recently passed two House Bills. HB 1835, which changes the notice...
Changes for Texas Lien Claimants Effective January 2022
*Post updated 6/16/2021 to include official enactment*
Changes to Iowa Mechanic’s Lien Law in Effect January 2022
What are the Changes? Iowa Governor, Kim Reynolds, has signed HF 561 into law. The bill contains two key changes to Iowa’s mechanic’s lien law....
New York Tolling the Lien Line
For Whom the Mechanic’s Lien Deadline Tolls; New York Mechanic’s Lien Extended Did the March 20, 2020 Executive Order issued by Governor Andrew Cuomo...
Minnesota Prelien Deadline is 45 Days, Not 72 Days
Minnesota’s Prelien Notice Deadline is 45 Days, Not 72 What happens when your preliminary notice is late? In Minnesota, you may lose your mechanic’s...
Warranty Work Doesn’t Extend Washington Lien Deadline
Does Warranty Work Extend the Mechanic’s Lien Deadline? Not in Washington We are frequently asked whether punch list or warranty work will extend the...
Construction Project Liens: Federal, Public, or Private
It’s Important to Know the Project Type: whether a Project is Private, Public, or Federal Construction projects generally fall into one of three...