A lien is a creditor’s legal right or claim to your property. The purpose of a lien is to hold a property item — it doesn’t ...
(WSVN) - When she went to the bank to get a loan to renovate her home, she was told there was a lien on her property she had to pay. Her reply? “That’s not my lien on my house.” What do you do in a ...
Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Khadija Khartit is a strategy, investment, and funding expert, and an educator of fintech ...
A lien on your house or car title is a bad thing. A lien you didn’t even know was there is even worse. Jeff Somers is a freelancer who has been writing about writing, books, personal finance, and home ...
Reposted from the On the Level Newsletter. Ohio’s Mechanic’s lien laws, codified in R.C. §1311, provide a contractor, a subcontractor, material supplier, and more recently, an architect or ...
An owner hired a contractor to make improvements on real property, but the contractor failed to pay its subcontractors or suppliers. What happens next? Under Michigan’s Construction Lien Act, ...
You might think you’d know if you have a lien on your property. But liens can often go undetected until a crucial time — like when you’re getting ready to sell your house. That’s why it’s important to ...