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Mechanic’s Liens vs. Payment Bonds: Which is better for getting paid in Massachusetts?

Collections Law

When you’re struggling to collect on a business debt, sometimes, you need to rely on effective tools and creative strategies. Our aggressive and relentless commercial collections attorneys have more than 50 years of combined experience. What is a mechanic’s lien?

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How long do I have to collect on a debt in Massachusetts?

Collections Law

These can have various statutes of limitation, but also have other options for collection and damages. If you have filed a mechanic’s lien statement of account, those give you only 90 days to file suit. The experienced commercial collection attorneys at Law Offices of Alan M.

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Mechanic’s Liens: What is a notice of contract?

Collections Law

Before a business owner can file a mechanics lien for an unpaid construction or building debt, they must first establish a contract by filing a notice of contract. What is a notice of contract and why do you need it for a mechanics lien? What are the requirements of a mechanics lien? At Law Offices of Alan M.

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Understanding Forbearance in Financial Contexts

Burt and Associates

Borrowers should seek legal counsel to fully understand the implications and ensure that the agreement aligns with their financial recovery plans. Conclusion Forbearance serves as a vital mechanism in the financial landscape, offering temporary relief to borrowers while providing lenders with an alternative to pursuing default remedies.

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