Ways to Stop a Self Store Unit LienOf course, it’s always best to do a quick end of lease storage unit cleanout but when it comes to dealing with a lien, that’s an entirely different matter. The first thing to learn about is your state’s laws regarding storage facility liens. Generally, storage businesses send one or more default letters to the renter, notifying him or her of missed payments. That’s usually followed by a formal default notice, along with a public notice.
Some self-storage contracts spell out terms in plain language while others might leave you utterly confused. It’s smart to brush up on lease agreements before you sign on the dotted line. “If a manager is doing his or her job, there shouldn’t be any surprises,” said Kelly Epps, property manager at Pioneer Stor & Lok in Columbus, GA, who said she sits down with customers to make sure they understand their lease agreements. Still, it’s ultimately your responsibility to understand any paperwork you sign. Here’s a guide to what you should know about self-storage contracts and legalese. —SparefootAt that point, the facility generally schedules an auction to sell off the contents. However, it doesn’t necessarily end there. If the contents are sold at auction and the proceeds do not cover the amount owed, the company might seek a lien against certain property. As you probably know, a lien is a legal restriction which prohibits the sale and transfer of property until a debt is satisfied. So, here are some helpful ways to stop a self storage lien:
- Pay the arrears in-full. The best way to beat a lien is to simply pay all the arrears. While this is among the most expensive, it’s also a total way out. You’ll probably be required to pay not only missed rent, but fees, as well. Most importantly, the quicker you act, the better the results.
- Try a payment arrangement. You can also ask the storage facility manager or owner if you can enter into a payment arrangement. This possible option will let you pay what’s owed in installments, rather than all at once. But, understand this might not be a viable option.
- Take it to small claims court. If you believe the claim is without true merit, you can try to seek a solution through the local small claims court. Be aware this isn’t a magic bullet or will bring the matter to an immediate resolution. It can also be risky, time consuming, and relatively expensive.
- File for Chapter 7 or Chapter 13. The most extreme option is to file bankruptcy. But, you should only consider this option if you have very sizeable unpaid debts, like unpaid mortgage payments, medical bills, and much more. Seek professional legal advice to learn about your options.