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Roofing Lien
A widow had to have her roof repaired. The contractor asked her for $600.00 for roofing supplies. The roofer then went bankrupt. The supplier put a $ 1,800 lien on the house. $1,200 for supplies and $600.000 for attorney fees. Luck has it there was a delay in notification of the homeowner, and also the supplier acceptance of a $600.00 check from the homeowner the lien was released.
The newscaster attorney, said if a contractor ask for money Always get a “Partial Release of a Loan” I know what a Partial Release of a Mortgage is, but what is Partial Release of a Loan? How does that work? |
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"Loan", "lien", and "mortgage" would, in this context, mean just about the same thing. Sometimes newscasters don't get their stories straight.
If the widow paid the supplier, she should probably be filing a claim in bankruptcy. And if the roofer had a bond, she might be able to claim against the bond. |
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