Debt Insurance Lien 
Green Building Law Update
JULY 24, 2016
The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.
Construction Lawyer
SEPTEMBER 22, 2005
Waivers of liens: fraud. The Bankruptcy Court for the Northern District of Illinois recently ruled that a contractor who falsified waivers of lien engaged in fraudulent conduct and his debt to the bank was non-dischargeable. Listed below are links to weblogs that reference Waivers of liens: fraud : Recent Posts.
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Construction Lawyer
MAY 21, 2009
Subcontractors Mechanics lien allowed where bank seized generals funds. 107108 (May 21, 2009), has ruled in favor of the subcontractor in enforcing a mechanics lien. Funds subject to a lien waiver are required to be held by the owner in trust for the subcontractor. May 21, 2009 in litigation , mechanics liens | Permalink.
NH Construction Law
MAY 28, 2018
An insurance certificate showing that the sub has workers comp coverage should always be a prerequisite to allowing the sub to proceed. The threat of that withholding may be enough to entice the sub to prioritize scarce dollars toward employee-related debts before feeding any other wolf at the door.
Levelset
AUGUST 4, 2022
If the total cost of running the business is $200,000 (including salary, rent, insurance, etc.), Financing activities include stock offerings and long-term debt. Using tools like a mechanics lien to secure payment can help ease the burden. divide $200,000/$50,000 and get a breakeven rate of 2.5. .
Levelset
AUGUST 16, 2022
The surety is also likely to explore a contractor’s payment history on past projects — an inability to make on-time payments to subcontractors and suppliers can increase the risk of mechanics liens or bond claims. . Next, subtract the sum of your accounts payable, short-term debts owed, and over-billings.
Buisness Facilities Contributed Content
APRIL 15, 2014
The exceptions are for financial institutions, financial institution groups, and insurance companies that have a maximum business privilege tax of $3,000,000. This credit can also be claimed against the insurance premium tax, the oil and gas production and property taxes, the fisheries business and landing taxes, and the mining license tax.
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