Chicago Mechanic’s Lien Advisors: How to File a Mechanic’s Lien
Chicago Mechanics Lien Advisors are here to help you establish your lien rights so that you can get paid for the construction projects you do. A Mechanics’ Lien is an extraordinary remedy for contractors, subcontractors, and others related to the construction industry to resolve payment problems.
Mechanic’s Lien Claim in Chicago
The mechanics lien claim is a legal term that describes a method for a contractor who did work on a project to ultimately receive payment when the project owner is not forthcoming. When people who work on a construction project under a contract that requires payment for services and materials rendered does not receive payment after a reasonable amount of time, they can file a mechanic’s lien. Of course, a contractor who has a contractual relationship with an owner can sue the owner for non-payment, and put a lien on the property. Neither action is constrained by the worth of the property. If the unpaid work and recovery costs add up to more, the contractor can get a judgment against the owner of the property and they can also collect against any assets held by the owner. If the lien is not satisfied, there are certain remedies that can be exercised. Always check with Illinois state’s lien law before filing. Usually, filing a Chicago Mechanics Lien is easy, but the timing to file a mechanics lien is essential.
The second and third tier of subcontractors and suppliers can file Chicago Mechanics Lien Claims or a direct cause of action against the contractor after certain legal requirements have been met. The lien claims will attach to the accrued value of the property to pay for services of subcontractors whose work increased the value of the property.
Generally, a Sworn Statement of Mechanic’s Lien must be provided to file a mechanics lien in the Chicago Office of the Recorder within 60 days of the last work or delivery. As with this and any other provision, it is best to check with the legal authorities to ascertain the correctness of the intended action.
Filing a Mechanic’s Lien in Chicago is an effective way of securing payment when all else fails.
Please contact our Chicago Mechanic’s Lien Office at (773)635-0099 to schedule an appointment or to find more about our services.