A bankruptcy proof of claim is a formal document that allows a creditor to assert a right to payment in a bankruptcy case. It identifies how much is owed, the nature of the debt, and the basis for the claim, such as goods sold, services provided, or...
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Managing lien waivers can be complicated and time-consuming. Construction projects involve multiple invoices, progress payments, and stakeholders....
When it comes to protecting your company’s receivables, UCC filings are one of the most effective tools available. Whether you’re supplying...
What Are Common Forms Used in Secured Transactions? Understanding which UCC forms to use and how they work helps ensure your security interest is...
The primary difference between Chapter 7 vs Chapter 11 is whether the bankrupt entity intends to continue operating after it exits bankruptcy. An...
Lien waivers are one of the most common documents in construction. They protect project owners and contractors from duplicate payments, while giving...
Preliminary Notice Basics A preliminary notice is often the first step in preserving your right to secure payment through a mechanic’s lien (for...
Commercial debt recovery, also called commercial collections or B2B collections, is the process of recovering unpaid invoices or debts owed by other...
What Is a Lien Waiver A lien waiver is a legal document signed by a contractor, subcontractor, supplier, or other party on a construction project to...
Bond Claim Basics A bond claim is a written notice to the surety that the claimant (such as a subcontractor or material supplier) is looking to them...
