Although liens are the most popular way to obtain security for payment for a construction project, stop notices, and bond claims can also help protect receivables.
Stop notices can be filed before a lien as first line of defense, to withhold funds on both public and private projects. This notice is sent to the owner or company financing a construction project to notify that a contractor is not getting paid.
Bond claims, on the other hand, should be completed only within a limited period of time, but they guarantee payment of amounts due and owing.
With the help of LienItNow, contractors can cut down on the time and work needed to have these documents filed and delivered. As with the process for filing a lien, clients with LienItNow simply need to provide basic information on their company and their project. LientItNow will then process the rest of the steps.
To learn more about filing liens, stop notices, and bond claims, and to see what else LienItNow offers construction businesses, visit http://www.lienitnow.com/
LienItNow provides an easy to use service for filing a lien, stop notice, or bond claim on private, public, commercial, or residential construction projects in all 50 states. It also provides help with other documents such as pre-lien notices, discharges, and amendments to help construction businesses focus on the project at hand. To learn more about filing liens and other documents through the service, visit http://www.lienitnow.com or call 1-888-543-6765.