MeyerGoergen will present Getting Paid: Contractors Rights in Collections & Bankruptcy to the Association of General Contractors
Wednesday, March 7th at 9:00 a.m. – 1:00 p.m.
Location: AGC office at 11950 Nuckols Road
Speakers:
David G. Browne practices commercial litigation and bankruptcy representing developers, contractors and subs in construction and contract disputes, and lenders and creditors in bankruptcy court and post-foreclosure collections.
Topics:
Part 1: When a Customer is Slow to Pay or Won’t Pay — Collections and Receivables Management
- How to develop internal procedures and billing policies to better collect
- How to identify debtor assets and other sources of recovery
- How to recognize and deal with problem customers
- How to identify a problem customer and better protect yourself in advance
- How to collect on a judgment
Part 2: When the Customer Files for Bankruptcy – Creditor Rights in a Bankruptcy
- What must you do and not do when someone in bankruptcy owes you money
- What options does a contractor have to collect when the customer files for bankruptcy
- What is the process for bankruptcy under Chapter 7, 11 and 13
- When should you file a proof of claim and monitor the case, and when is more involvement needed
- Mechanic’s liens and bonds in bankruptcy cases
- Bankruptcies in ongoing projects… Stop or continue work
Part 3: When Your Employee Is a Debtor– Employer Rights and Responsibilities
- What actions can you take for and against an employee who has filed for bankruptcy
- What obligations do you have to the bankruptcy trustee
- What rights does the employee have
- What response must you provide to wage garnishments and demands from government agencies
- What steps you can and cannot take to protect your business if the employee is at risk for theft or embezzlement
The materials on this website are meant for informational purposes only and nothing contained in this site is to be construed as legal advice. If you need legal advice, you should contact an attorney directly. Do not act upon the information on this site without seeking professional guidance. Information on this website about specific matters or success in previous cases is not meant to be a prediction or guarantee of similar results in any other case. Each case consists of factors and applicable law unique to that case and you should consult an attorney.
