Builders’ lien – A Perfect way to Stop Exploitation

1. Builders’ lien – A Perfect way to Stop Exploitation What is Builders’ lien? In the simplest terms, Builders’ lien is when you have difficulty getting paid for the materials or your physical inputs i.e. Manpower supply. When you do something for someone and you are not getting paid easily for that, then you can file Builders’ lien in accordance with construction. In the layman's term, if you are a contractor, you have supplied manpower or materials for construction. And you are not getting paid on-time for your efforts; then you are liable for builders’ lien. A builders’ lien has a limited responsibility towards owners to protect not only their contractors but also subcontractors, workers, material suppliers, etc., who are not in direct touch with the owner. Every location and territory have different time period for filing builders’ lien. When a Builders’ Lien is placed, it is registered against the land title and can delay the release of funds or the sale-refinancing of the property. Filing a builders’ lien will force a customer to notice the seriousness of the situation and it will get him to negotiation table face to face for answering all your questions. The lien will not be removed until an agreement has been met or it expires. ICON Debt Solutions Inc. is one such firm that specializes in builders’ lien as well as debt Collection in Vancouver and Canada-wide. Located in the Lower Mainland, British Columbia, ICON Debt Solutions Inc. is a company designed to facilitate the clients in managing their account and money matter. As a business owner, you never know when you'll need to collect on an unpaid debt or need to keep up with customers, who have moved on to a new address. ICON Debt Solutions can do that dirty hard work for you.