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What Should Construction Contractors Do When a Property Owner Files For Bankruptcy?

Jimerson Firm

A construction project to a screeching halt when a property owner files for bankruptcy, creating a serious risk of substantial losses for the contractor, as well as subcontractors and suppliers. The list of creditors receiving the Notice should include the general contractor of an incomplete construction project. See 11 U.S.C.

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The Top Five Things Lenders Need to Know About Florida’s Construction Lien Law

Jimerson Firm

Florida’s Construction Lien Law found in Chapter 713, Florida Statutes, may seem like an area of the law that is only relevant to contractors and property owners. However, there are important aspects of the Construction Lien Law that can directly affect the rights and obligations of lenders in numerous ways. Specifically, under Fla.

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Using Aggressive Methods to Domesticate Foreign Judgments and Enforce Mechanics Liens

Collections Law

We Domesticate Foreign Judgments in Massachusetts. At times creditors operating outside Massachusetts find it extremely difficult to recover debts from debtors who reside and operate in the Commonwealth of Massachusetts. Therefore, to implement and enforce it, the creditor must get the judgment domesticated.

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Recent Florida Case Highlights Accord and Satisfaction and Final Payment Contract Provisions as Potential Traps for the Unwary Contractor

Jimerson Firm

A recent opinion by a Florida appellate court, Construction Consulting, Inc. The Facts of the Case Construction Consulting, Inc. (“CCI”) CCI”) was party to a Master Contract with Broward College under which the College hired CCI to work on numerous construction projects.

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Serving a Defendant in a Residential Foreclosure Action by Publication

Jimerson Firm

If a defendant cannot be located, then service may be effected by constructive service, i.e., service by publication, which is governed by Chapter 49, Florida Statutes. Before a defendant can be served by constructive service, the plaintiff must make a diligent search and inquiry to locate the defendant. See Shepheard v. 2d 340 (Fla.

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Filing a Proof of Claim in Bankruptcy: What You Need to Know

Fraser

A creditor with a claim must often take affirmative action by filing a “proof of claim” form in order to preserve and protect its rights to payment. Even when a claim is scheduled, and assuming there are no reasons not to (see below), a creditor may choose to file a claim to guard against a debtor modifying or removing its scheduled claim.

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A Review of Supreme Court Justice Amy Coney Barrett’s Prior FDCPA Court Decisions

Collection Industry News

(The court did not address whether or not the problematic envelope being inside another envelope has any impact on its decision, but that’s likely because they were reviewing a decision on a motion to dismiss rather than a motion for summary judgment.). Creditor ID Claims—A Mixed Bag. A judgment is a judgment.