Is it legal to file a lien against a property at the same time we turn the contractor over to collections?
1 reply
Oct 11, 2019
Nothing legally prevents a claimant from pursuing multiple avenues of recovery. So, potentially, a debt could be sent to a collections agency for help collecting a debt, and that same claimant could file a valid and enforceable mechanics lien.
Of course, keep in mind that a collections agency would not be able to aid in enforcing the filed mechanics lien. Enforcing a filed mechanics lien will generally require an attorney.
For more information on Colorado mechanics liens, these resources should be valuable:
(1) Colorado Mechanics Lien Guide and FAQs(2) How to File A Colorado Mechanics Lien – Step By Step Guide