Mechanic’s Liens Provide Great Leverage For Creditors
By Howard Goldman Mechanic’s liens are a powerful, effective, and efficient tool for creditors. Unlike mortgages and other real estate encumbrances, mechanic’s liens are involuntary. This means that a mechanic’s lien does not require court approval before it is perfected. Accordingly, creditors can put a cloud on the title of real estate where their work, material, or services were provided, without having to first navigate expensive and time-consuming court processes. Using the Massachusetts mechanic’s lien Statute, M.G.L. c. 254 (“Statute”), contractors,