Why File a Mechanic’s Lien?
A Mechanic’s Lien (A/K/A Construction Lien Claim) is a legal claim against a property for unpaid work or materials used in construction or improvement of a property. Filing a Mechanic’s Lien enables contractors, subcontractors, or suppliers to secure payment for services and materials provided to a construction project. If the owner of the property or a contractor fails to pay, the Lien provides a means to recover the amount owed through a court action or the sale of a property.
Get Paid What You’re Owed. File Your Speedy Lien Now.
What Is a Mechanic’s Lien? Why File a Speedy Lien?
If you are owed money for construction services or materials, filing a Mechanic’s Lien protects your interest. Filing a Lien can also serve as a warning to potential buyers of the property that there is a claim against it.
- Protection of your rights
Filing a Mechanic’s Lien protects your right to be paid for the work you have done or materials you have supplied. It ensures you have a legal claim on the title of the property. - Increased leverage
By filing a Mechanic’s Lien, you can increase your leverage in negotiations with the property owner. They will know that you have a legal claim to the property and that you are serious about collecting the money you’re owed. - Improved cash flow
Filing a Mechanic’s Lien speeds up the payment process, improving your cashflow. Filing a Mechanic’s Lien is one of the most effective ways to accelerate payment and protect your right to be paid. It puts pressure on the property owner by making your claim public and directly affecting their ability to sell, refinance, or secure additional funding for the property. Once a Speedy Lien is filed:- The property owner is often more motivated to resolve payment issues quickly.
- The Lien becomes a matter of public record, signaling to others that payment has not been made.
- It can negatively impact the debtor’s credit and their ability to finance current or future projects.
- If there’s an existing mortgage on the property, a Lien can put the owner in default of their loan agreement. For properties with construction loans or payment draws, your Lien can block further disbursements until the issue is resolved.
- Lower legal costs
Filing a Mechanic’s Lien is often a faster and more cost-effective solution than pursuing a lawsuit. It allows you to assert your right to payment without immediately entering lengthy and expensive legal proceedings. If payment is still not made after the lien is filed, you have the legal right to enforce it—this may include obtaining a judgment, filing a lawsuit, and even initiating a foreclosure action. Just like a bank can foreclose on a mortgage, you can foreclose on a mechanic’s lien for non-payment, helping you recover what you’re owed.
Overall, filing a Speedy Lien is an effective way to protect your rights and collect the money you are owed. Don’t let unpaid debts put your business at risk – take action today and file a Mechanic’s Lien with Speedy Lien to secure your payment.
Why Partner With Speedy Lien?
Liens filed quickly and accurately
When it comes to Mechanic’s Liens, promptness pays–literally. Those who file first usually get paid first, and our deep experience means we can process and file your Lien quickly.
Exclusive Focus on New York, New Jersey, and Connecticut
Speedy Lien is trusted by construction professionals across New York, New Jersey, and Connecticut. Based in New York, we specialize exclusively in the Tri-State Area, offering local expertise and fast, reliable service tailored to the region’s construction industry.
Expertise in the Entire Lien Process
We focus exclusively on Mechanic’s Liens and can facilitate the entire process from start to finish–including Lien follow-up and enforcement.
Available Whenever You Need Us
When you call us, you’ll talk to a dedicated state-specific expert–every time. Our knowledgeable team of account reps is always responsive to customers’ needs.
Flat Fee for Lien Filing
Simple pricing. Regardless of the amount owed, we charge a flat fee for our service.
