Discharge bonds may be used in lieu of a mechanic’s lien, but fear not! If your mechanic’s lien is “replaced” by a bond, take a deep breath & relax, because you still have security – and being a secured creditor is imperative!
Download this whitepaper to learn more about what it means to bond off a lien, who benefits from the bonding off of a lien and how the bonding off of a lien can change the rules.
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