Collectability of an Unsecured Collection
Have you ever wondered “Is my unsecured collection collectable?” “Is this past due, unsecured account even collectable?” It’s a common question in...
Bond Claim (11)
If or When, Contingent Payment Clauses
Payment Clauses: Pay-IF-Paid or Pay-WHEN-Paid It’s hard to believe that two small words, with seemingly “useless, yet endless” functionality, can...
The 4 Primary Types of Lien Waivers
The 4 Primary Types of Lien Waivers Lien Waivers are common in construction credit. Project owners will often require lien waivers from contractors,...
What Is The Federal Miller Act?
In 1935, the federal government created the Miller Act statute, requiring prime contractors to obtain a payment bond on any United States Government...
Understanding Furnishing Dates and Lien Deadlines
Understanding Furnishing Dates and Lien Deadlines: First, Last, and Completion When securing your receivables through the Mechanics Lien & Bond Claim...
Complexities of Preliminary Notice Service in Construction
Overnight Delivery, Registered Mail, Certified Mail! Oh My! Contractors, subcontractors, material suppliers & laborers throughout the U.S. & Canada...
Filing a Bankruptcy Proof of Claim as a Secured Creditor
Filing a Bankruptcy Proof of Claim as a Secured Creditor In the event of a debtor’s bankruptcy, secured creditors are paid before unsecured...