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Home>Levelset Community>Legal Help>In NY State , If a lien is removed is their any negative affect on the property owner like record of bad credit , or sometime on the county level that may say something even tho it has been removed?

In NY State , If a lien is removed is their any negative affect on the property owner like record of bad credit , or sometime on the county level that may say something even tho it has been removed?

New YorkMechanics Lien

Have not filed one yet, just want to know the repercussions on the property owner.

1 reply

Jun 8, 2018
That's a really good question. First, it's worth noting that the mere act of filing a lien won't necessarily have a crippling affect on the owner's credit, and it may have no effect on their report at all. But it's possible. Ultimately, just about anything in public record can affect credit. Now, if the bill is passed along to collections or if the lien is foreclosed, this would almost certainly result in a negative mark against an owner's credit report. This nature of the relationship between mechanics liens and credit is important to understand the effects that a release may have on credit. A lien may or may not affect credit in the first place, but if it does, the release of lien would also likely be present on the credit report and could alleviate any damage. Further, if the lien does hit the credit report and is released, the owner could always a credit repair letter indicating that the debt has been paid and the lien has been released. Regarding county records, when a release is filed, it should be very clear to anyone inspecting the records that no issue remains relating to a prior lien filing.
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