The Lien Zone Podcast: Construction Law, Contracts, Liens, Bonds & Collections

New Year Refresher on Liens Bonds and Collections

01.12.2023 - By [email protected]Play

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Happy New Year! It is important to understand the difference between liens, bonds, and collections. Liens are a legal claim on a property to secure payment of a debt, while bonds are a form of insurance against financial losses resulting from non-performance. Collections are the process of recovering money owed to an organization, often through …

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