We recently received notice from one of our National accounts that they filed for Chapter 11 Bankruptcy protection. We have two jobs in progress with this account, We last furnished lighting materials to this account on 12/21/22. We haven't shipped anything since receiving the bankruptcy notice. My question is simple. Can we pursue mechanic liens on these two unpaid / unfinished projects; one owing $26,500 and the other $6,500 ; total owed to us is $33,000 after receiving the Notice of Chapter 11 Bankruptcy Case (Official Form 309F) dated 1/17/2023?...Read More
I had a client that did not finish paying me after completing a job, and I placed a mechanical lien through Levelset which it has been about 3 month by now since the lien was placed. The property owner have not reached out to me, what would happen next, can you plase advise?
I thought this was going to help me to get paid but that did not happen.
Also in order to submit this question, state was required but there was not option for PA so I selected MD but the actual job was in PA....Read More
Hello, I am a home owner who recently had home improvements completed in Maryland. We paid the GC in full and were happy with the results. We were then surprised to receive a notice of intent to file a lien from one of the subcontractors. I spoke with the GC and he and the sub are currently having a payment dispute concerning our project. It appears the sub walked off the completion and indeed we noticed a different sub finishing things up. Frankly, I don't want to be invovled in their dispute but have now come to realize that Maryland homeowners may be required to pay for their home improvements twice if a sub files a lien. The home improvement project is less than 15% of our home value and will not add 15% to the value of our home. Does this make any lien invalid? What are other measures can we take to protect ourselves? We have a future, larger, project in preliminary stages (with a different contractor) that will be 15% of the home value. I intend to ask for a Preliminary Notice and Waiver of Lien to be added to the contract. Is this all I need to avoid a similar issue? Thank you, Vicky in MD...Read More
My Virginia based company provided low voltage cabling and equipment installation to a restaurant in Baltimore. Can I place a mechanics lien on the restaurant since they have not paid our invoice in full? The balance is over 4 months past due....Read More
I am a licensed contractor in Maryland and my contract calls for 24% interest on unpaid balances when they are past due.
Is it legal for me to charge the 24% interest If it's prejudgment? And once I get a judgment then the interest rate would then be at the legal rate in Maryland.
Or do I have to change my contract so that it's at the post-judgment interest rate from the date of the default....Read More
I am a Remodeling licensed contractor in Maryland. My company has been performing work at a clients home. Are agreement from the start was a day rate for 2 men $1600.00and I supply all materials needed with a 10-15 % markup. Once each phase was finished, a invoice was emailed with time and material breakdown. Customer then paid in full. This has been the on going practice for the past 6-7 months. Customer wanted to get custom cabinets made for there laundry room. Cabinets were picked out and priced. Customer agreed on price and signed the order form. Customer gave and authorized me to use there credit card to make approximately$ 27000.00 deposit on a $35711.72 order. Now with cabinets already made but not ship he want to cancel and receive full credit. Also included in cabinet purchase agreement was approximately 3 days of install work....Read More