Bankruptcy is a significant credit and collections challenge in the construction industry. We all fear it. A customer filing for bankruptcy protection translates into attorney fees, payment delay and non-collectable...
A little while ago, I posted a short article discussing the requirement of identifying the property on which a mechanic’s lien is claimed. How detailed that description must be varies...
Note: Please follow this link to read a new article about how legal holidays affect lien and notice deadlines. Thanksgiving leftovers are disappearing from the fridge, there is a chill in the...
You haven’t been paid on a construction project and you’re thinking about filing a mechanics lien. What should you do? Will a lien get you paid? Is there a way...
I came across an article this past weekend about a contractor who filed over 1.2 million in mechanics liens against a wind farm in Oklahoma, and it reminded me of...
Joint check agreements are popular in the construction industry. In fact, they are so commonly used they are often referred to as a “construction instrument,” insinuating that they are exclusively...
Who must sign a joint check agreement, and why would that even matter? Getting ink from the appropriate parties is a critical step in executing a valid joint check agreement....
Joint check agreements and joint checks are looked upon quite favorably in the construction industry, and for good reason. While joint checks can be issued in any transaction they are...
According to the 3 Primary Traits of a Great Credit Manager. The first trait was that great credit managers “understand all of the hard work comes before credit is actually...
When you sign a joint check agreement you are signing a contract, and therefore, you want to be very careful. You want to understand what the document says and make...