Menu
Home>Levelset Community>Legal Help>Release of Lien Bond

Release of Lien Bond

GeorgiaBond ClaimsBonding Off LienCollectionsCredit ManagementLien Deadlines
Anonymous Subcontractor

I just received a release of Mechanics lien bond from the Contractor. Can someone advise what this means?

1 reply

Attorney and Owner at The Storrs Law Firm
| 98 reviews
Dec 19, 2020

This means that the contractor "removed" your lien from the property by filing a cash or surety bond. Its good news for you, meaning that there is now a means to collect your money that is much simpler than actually foreclosing on your lien. There is probably a surety company in essence guaranteeing that it will pay the amount due to you, provided you take the proper steps. Please contact me by email or at (404) 500-6302 if I can help further.

This forum is not a secure form of communication. Use of this forum to contact Richard J. Storrs or the Storrs Law Firm does not create an attorney-client
relationship. No attorney client relationship exists with Richard J. Storrs or the Storrs Law Firm in the absence of a signed engagement letter. By uSee More...
See More...
1 person found this helpful
Helpful