Named as a Creditor in a Chapter 11 Case? Don’t Skip the Proof of Claim.
If you’ve been listed as a creditor in a Chapter 11 bankruptcy case, it’s easy to assume your claim is already protected. After all, the debtor acknowledged you, right?
If you’ve been listed as a creditor in a Chapter 11 bankruptcy case, it’s easy to assume your claim is already protected. After all, the debtor acknowledged you, right?
The Impact of a Claim of Lien on Property Owners and General Contractors in North Carolina By Anna RodriguezAttorney at Law Construction projects in North Carolina involve multiple layers of contractors, subcontractors, and suppliers. When payment disputes arise, mechanic’s liens—known in North Carolina as claims of lien on real property—are among the most powerful legal remedies available to those who …
In North Carolina, filing a lien is a critical step for contractors, subcontractors, and suppliers seeking to secure payment for labor or materials provided on a construction project. However, filing a lien on the correct property is just as important as filing one at all. A mistake in identifying the property can render the lien invalid and jeopardize the ability to collect payment.