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To remove a lien from your property when a contractor is no longer in business, there are two main options according to construction lien statutes. First, you can transfer the lien to a cash bond, which allows you to remove it from the property and proceed with refinancing. Second, if you've already made payments to the contractor, you can file a notice of contest of lien in public records. This gives the contractor 60 days to file a foreclosure action; otherwise, the lien is extinguished. Additionally, if you've paid the contractor, try to obtain a signed release. When refinancing or selling, terminate your notice of commencement and secure a contractor’s final affidavit to ensure the title against any construction liens.