Survey of Mechanics Lien Claimants Reveals Filings Usually Successful

Zlien conducted a survey of mechanics lien claimants and found that most get paid quickly, with results published in an Infographic.

Snapshot from the Mechanics Lien Infographic published by Zlien, which indicates the general effectiveness of mechanics lien filings.
Snapshot from the Mechanics Lien Infographic published by Zlien, which indicates the general effectiveness of mechanics lien filings.
  • Snapshot from the Mechanics Lien Infographic published by Zlien, which indicates the general effectiveness of mechanics lien filings.
    Snapshot from the Mechanics Lien Infographic published by Zlien, which indicates the general effectiveness of mechanics lien filings.
    Snapshot from the Mechanics Lien Infographic published by Zlien, which indicates the general effectiveness of mechanics lien filings.
    Snapshot from the Mechanics Lien Infographic published by Zlien, which indicates the general effectiveness of mechanics lien filings.
  • The full-sized mechanics lien infographic published by Zlien. The infographic provides a history of the mechanics lien, an easy to read chart showing the mechanics lien and preliminary notice rules across the country, and of course, the effectiveness of the mechanics lien as indicated in a 2012 Survey of lien claimants.
    The full-sized mechanics lien infographic published by Zlien. The infographic provides a history of the mechanics lien, an easy to read chart showing the mechanics lien and preliminary notice rules across the country, and of course, the effectiveness of the mechanics lien as indicated in a 2012 Survey of lien claimants.
    The full-sized mechanics lien infographic published by Zlien. The infographic provides a history of the mechanics lien, an easy to read chart showing the mechanics lien and preliminary notice rules across the country, and of course, the effectiveness of the mechanics lien as indicated in a 2012 Survey of lien claimants.
    The full-sized mechanics lien infographic published by Zlien. The infographic provides a history of the mechanics lien, an easy to read chart showing the mechanics lien and preliminary notice rules across the country, and of course, the effectiveness of the mechanics lien as indicated in a 2012 Survey of lien claimants.

Hundreds of thousands of contractors and suppliers file mechanics liens every year in the United States in the face of non-payment, and they probably wonder each time: Is this going to get us paid? The fortunate answer, according to a survey conducted by Zlien, is yes.

According to a survey of mechanics lien claimants in 2011 across the United States, over 64% of mechanics liens are paid without the need for foreclosure or any additional legal action. In other words, the lien filing itself and alone prompts payment. And mechanics liens are paid fairly quickly, with 82% of these claims being paid within just three months after filing.

"I think this speaks to the power of the mechanics lien," comments Scott Wolfe, Zlien's chief executive. "Most companies file mechanics liens as a last resort, having gone unpaid on a project for weeks or months. They file their mechanics lien, and get paid almost immediately. That's impressive."

While 64% of mechanics liens are paid without any further legal action, that doesn't mean the remaining liens go unpaid. To the contrary, an additional 18% of lien claimants were involved in foreclosure litigation related to their mechanics liens and anticipated eventual payment. The remaining had not yet written off the lien as bad debt.

Zlien has visualized its survey data in a Mechanics Lien Infographic.  The graphic not only visualizes data from the survey about the effectiveness of mechanics lien filings, but also provides a history of the mechanics lien and a chart of the preliminary notice, mechanics lien and lien foreclosure deadlines across the United States.

About Zlien
Zlien automates the process of filing mechanics liens, bond claims, stop notices, preliminary notices and notices of intent to lien for those in the construction industry, electronically recording any of these documents for one flat fee. Learn more at http://www.zlien.com.