Illinois Now Allows Real Estate Owners to Bond Over Mechanic’s Lien Claims
[vc_row][vc_column width=”5/6″][vc_column_text]Effective January 1, 2016, Illinois has enacted a significant change in how mechanic’s lien claims may be litigated. Currently, mechanic’s lien litigation can tie up title to real estate for months, or even years, while the various rights of multiple lien claimants, lenders, and owners of real estate are resolved by the courts. Beginning […]