Is a form of security interest granted over an item of property to secure the payment of a debt or performance of some other obligation.
The Fair Debt Collection Practices Act (FDCPA) is a federal law that provides limitations on what debt collectors can do when collecting certain types of debt. The federal Fair Credit Reporting Act covers how debt collection is reported in credit reports. In addition, there are state laws that provide protections.
It means a Project consisting of the construction, repair, renovation, or maintenance of public buildings, structures, sewers, water works, roads, bridges, docks, underpasses and viaducts, as well as any other improvement to be constructed, repaired or renovated or maintained on public property to be paid, in whole or in part, with public funds or with financing to be retired with public funds in the form of lease payments or otherwise.
Claims under LA private Works act for construction and renovations to private buildings, homes and leases. To secure payment of amount due for work performed. Includes filing of liens and defense/removal of liens.