Nuts & Bolts | Construction Law Blog


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Posts from March 2017.
By William Holthaus, Jr. on March 28, 2017 at 1:35 PM

Image of a man holding a hard hart and wearing a utility beltAn unpaid contractor’s best friend is often the mechanic’s lien statutes, which provide an avenue for the unpaid contractor to apply pressure to the owner or higher-tier contractor for payment. A mechanic’s lien will likely attract attention from the owner’s lenders and potentially motivate the owner to pay the contractor’s unpaid balance. Additionally, in Illinois, a mechanic’s lien can even allow the contractor to foreclose on the property if the lien is left unsatisfied.

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