I got this situation presented to me this morning...
There is a house that has a mechanical lien that is about to be recorded, but the home owner told this person not to bother recording it as the house will go in foreclosure so the lien will be wiped out.
For some reason this didn't sound right to me. Anyone here with knowledge about how this will really go?
what if the home owner was declaring bankruptcy instead of going with the foreclosure?
There is a house that has a mechanical lien that is about to be recorded, but the home owner told this person not to bother recording it as the house will go in foreclosure so the lien will be wiped out.
For some reason this didn't sound right to me. Anyone here with knowledge about how this will really go?
what if the home owner was declaring bankruptcy instead of going with the foreclosure?
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