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How Bankruptcy Affects Mechanic's Lien Rights In Virginia

Law360, New York (May 6, 2015, 10:25 AM EDT) -- Mechanic's liens are created by statute and are strictly construed by Virginia courts.[1] As such, courts often rule that liens are invalid because of technical deficiencies and inaccuracies in the lien form.[2] Lien claimants have a number of statutory deadlines and requirements that they must strictly meet in order to have an enforceable lien. For example, lien claimants must record their lien memorandum "not later than 90 days from the last day of the month in which they last perform labor or furnish materials, and in no event later than 90 days from the time such building, structure, or railroad is completed, or the work thereon otherwise terminated."[3]...

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