LienItNow.com provides online mechanics lien forms to help contractors, sub-contractors, and suppliers secure the payment they need. In three simple steps, complete your mechanics lien on your own time in only 10 quick minutes. Once a time-consuming process for construction companies, LienItNow.com makes filing your mechanics lien faster and easier than ever. LienItNow.com can also help you create bond claims, pre-lien notices and lien releases.
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At its core, a mechanics lien is protection for unpaid amounts due and owing to contractors, subcontractors and suppliers that performed work or delivered materials to construction projects. The purpose of the Indiana mechanics lien statutes is to ensure that improvements to real estate are paid for, either through the normal course of progress payments or through the sale of the real estate itself. When a lien is filed on a property, the property itself becomes subject to sale by the lienor, who is then paid out of the proceeds. To avoid this, most owners will attempt to resolve the construction lien, thereby avoiding an inevitable lawsuit to foreclose on the property. In Indiana, liens filed on private property or on funds relating to a public project are known as Mechanic's Liens. When an Indiana construction lien is filed with regard to work performed on privately owned property, it attaches to and encumbers the fee simple ownership of property. Indiana mechanics liens filed with regard to public projects attach to the funds held by the public owner.
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LienItNow.com prepares and serves Indiana Stop Notices. A Stop Notice is a notification that has the ability to enhance the effectiveness of a mechanic's lien. A Stop Notice, or a notice to withhold funds, is sent to the company that is financing or funding the construction funds for a project. Once that company receives the Stop Notice, that company has notice that it should withhold sufficient money to satisfy the stop notice claim. The purpose of the Stop Notice is to provide the lender, financiers or funders of the construction project notice that there is money owed to a contractor, subcontractor or supplier so that an inquiry can be made as to why that money is not being paid.
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