Mechanic ’s Lien & Bond S er vices
What do you do after a lien is filed
but before foreclosure?
The only way to foreclose on a mechanic’s lien is through a lawsuit
filed in Superior Court. It cannot be enforced in arbitration, nor can it be
enforced in Small Claims Court. The contractor or supplier may be able
to file the lawsuit himself, but if the contractor/supplier is a corporation,
limited partnership or limited liability company, then the law frequently
requires that the foreclosure lawsuit be filed by an attorney.
How can
I cost
effectively?
Regardless of who served the pre-lien or who filed the lien, MLBS
forecloses liens and files suits on bonds in all 50 states and Canada
through the MLBS National Attorney Network. Our network comprises
tested construction-oriented attorneys with an eye on “the dollars
through the door.” Fees are negotiated on a case-by-case basis,
depending on the circumstances of the case. Attorney fees are
typically billed hourly; MLBS’ fee is typically billed contingent.
Collect my
money
Foreclose
a lien
File suit
against a
bonding
company
MLBS can effect collection on any secured project. In other
unsecured situations, MLBS can refer your claim to a local
NACM Affiliate for collection.
Demand Letter, Suit Against Bond and Foreclosure Service
After the lien is filed but prior to suit or foreclosure, MLBS recommends a demand letter. In our
experience, a demand letter often provides the right “push” to get the claim resolved prior to the costs
and demands of suit.
MLBS-produced Demand Letter: $40 plus certified mail costs
MLBS National Attorney Network Demand Letter: $150
Call 216-212-6020 Email [email protected] www.nacm.org