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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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What are the Types of Damages a Property Owner Can Recover for Construction Defects?

Jimerson Firm

When a property owner experiences construction defects in their property, one of the important considerations as to whether or not to pursue a construction defect lawsuit is what types of damages may be available to remedy the defects. Initially, it is important to understand what constitutes a construction defect.

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Using Aggressive Methods to Domesticate Foreign Judgments and Enforce Mechanics Liens

Collections Law

Cohen, can turn bad debts into definite debt payments, while you enjoy a stress-free debt recovery experience regardless of where you are located—in the state of Massachusetts, another state or another country. We Domesticate Foreign Judgments in Massachusetts. The second approach is to file suit to domesticate the foreign judgment.

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How Aggressive Collections Attorneys Can Aid in Massachusetts Debt Recovery

Collections Law

Instead, they will help you collect on the debt by filing a lawsuit against the debtor, seeking and obtaining attachments on the debtor’s assets, and even garnishing their wages post-judgment so that you can get paid for your judgment debt. Unlike Others, We Aggressively Seek Pre-Judgment Attachments to Secure Debt Recovery.

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Collecting Receivables After Going Through an Acquisition

FFGN COLLECT NY

To help you anticipate potential issues, we gathered some experiences our clients faced when attempting to collect the receivables of companies they acquired. Improper billing is very common across all industries–whether it’s medical, construction, insurance, or other. The clients are out of business, judgment proof.

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Overview of a Trust Beneficiary’s Remedies Under the Florida Trust Code for Breach of Trust

Jimerson Firm

If more than one person, including the trustee, is liable for damages for breach of trust, the beneficiary’s recovery of a judgment against one liable person does not discharge other liable persons from liability to the beneficiary for breach of trust unless the original judgment is satisfied. 736.1002(5).

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Important Contract Terms for Every Small Business

Jimerson Firm

When I wrote about interest rate provisions in 2019, the Florida judgment interest rate was 6.77%. Currently, the Florida judgment interest rate is 4.34%. is board certified in business litigation by the Florida Bar and has extensive contract litigation experience on behalf of small businesses. About the Author : Austin T.