Every business owner deserves payment for the goods and services that they provide. Businesses are not charities, and there is no reasonable expectation that you will do work for free. Having collection systems in place from the beginning of your business, and...
Month: August 2022
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Understanding a mechanic’s lien from filing to follow-up
Perhaps you are a building contractor who finished your work on a condominium project but have not received final payment. How do you file a mechanic’s lien and what happens next? About mechanic’s liens The goal of filing a mechanic’s lien is to recover payment for...
Details about secured transactions
As a lender, you want as much assurance as possible that borrowers will pay back their loans. One way to do this is to have the borrower sign a security agreement. This contract outlines the details of a secured transaction and protects the lender. Purpose of secured...