If you are a construction contractor, subcontractor, or supplier in Cook County, Illinois, and you have not been paid for work done, you may need to complete a Mechanics Lien Form. This legal document is used to protect your right to payment and ensure that you have a legal claim on the property where the work was performed. Here are some instances when you may need to consider completing a Mechanics Lien Form in Cook County:
1. Non-payment: If you have not been paid for the labor or materials you provided on a construction project, you can use a Mechanics Lien Form to assert your right to get paid by placing a lien on the property.
2. General Contractor bankruptcy: If a general contractor on a project in Cook County goes bankrupt and fails to pay subcontractors or suppliers, completing a Mechanics Lien Form can help protect your interests and improve your chances of recovering what you are owed.
3. Property owner refuses to pay: If the property owner refuses to pay you for the work you completed in Cook County, filing a Mechanics Lien Form can establish your legal claim on the property, potentially forcing the owner to pay or negotiate a settlement.
4. Breach of contract: If the other party has breached your contract and you have not received payment, a Mechanics Lien Form can be a powerful tool in enforcing your right to be paid promptly.
5. Final unpaid balances: If you have completed work on a project, but there are still outstanding balances or change orders that have not been compensated, filing a Mechanics Lien Form can help secure your right to payment.
Remember, the specific circumstances may vary, and it is always advised to consult with a legal professional or attorney experienced in construction law in Cook County before completing a Mechanics Lien Form. They can guide you through the process, ensure that you comply with all necessary requirements, and help protect your rights as a construction professional.