Collecting unpaid debts on a project – what are your remedies? When requests for payment prove unsuccessful, the next step is a strongly worded letter from your legal counsel. This demand will often inform the debtor that a legal action will be commenced unless payment is received by a certain date. What are the possible remedies for payment – and how can the parties to the project protect themselves?
Topics to be Covered:
- Debt Claims – Court Actions
- Debt Claims – Enforcement of Judgement
- Bond Claims
Presented By: Stephanie Hickman, Cox & Palmer
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