Let's not get carried away though.

While claims in equity may survive as a practicle matter, if my security interests are not actively sought in a timely manner I may be barred from recovery.

Why -Can the borrower carry that note.

Enforcement is usually carried out locally because the feds do not have the manpower to enforce so they grant enforcement to local muni's to carry out.Even if you get away with LBP without going through someone certified you open yourself up to a potential lawsuit by the purchaser down the road.

Contracts with Contractors is very important in the process, having requirements that mandate they carry general liability insurance and sign waiver of liens prior to starting work is important.

Glad to see you're getting alot out of BP and you have certainly contributed in a professional manner.

I'm sure it's a fantastic purse if the Queen carries it, but what in the world would be in that purse?

It really depends on your ability to carry the water so to speak, if you have no other income or savings or are able to tap into investments that 6 month reserves is an important target to keep, OTH, if you can pull cash in from other sources to cover that same amount, keeping a small operating budget at hand would do.

I would guess that most granite companies can do the install in a reasonable manner.

For instance, in CA if you don't have any employees then you are not required to carry worker's comp.