Securing What's Rightfully Yours
JACKSON CROZIER & ASSOCIATES
Securing What's Rightfully Yours
✅ 1. Preserve Your Legal Rights
- Liens expire: Most liens (mechanic’s, judgment, tax, etc.) have expiration or enforcement deadlines. If you miss them, you could lose the right to collect entirely.
- Some liens need to be renewed or foreclosed upon within a certain timeframe.
✅ 2. Increase Likelihood of Recovery
The longer you wait, the more likely:
- The debtor’s assets get sold or encumbered.
- The debtor files bankruptcy.
- Other creditors get ahead of you in line (especially if your lien isn’t first in priority).
✅ 3. Avoid Asset Transfers
- Debtors under financial stress may transfer assets to avoid paying liens.
- Acting early can help you prevent or challenge these actions.