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Construction Debt Collection Services

RCB LLP’s construction debt collection services assist suppliers, contractors, subcontractors, and other stakeholders in the construction industry to recover outstanding payments for materials supplied or work performed. These services are crucial for maintaining cash flow, reducing financial losses, and ensuring the financial health of your business.

What We Do

Invoice and Documentation Review

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RCB LLP’s construction debt collection services typically begin with a thorough review of invoices, contracts, credit applications, and supporting documentation related to the customer or construction project. This helps identify the terms of payment, work performed, and any applicable legal rights.

Demand Letters and Communication

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After understanding the specifics of the debt, our office sends formal demand letters to the debtor, outlining the outstanding amounts, the basis for the claim, and a deadline for payment. Communication is conducted professionally, yet assertively, to encourage prompt resolution

Construction Liens and Bond Claims

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RCB LLP often involve leveraging construction liens or bond claims as legal remedies. These tools provide security interests in the property or project funds and can be effective in compelling payment from property owners or general contractors.

Negotiation and Mediation

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RCB LLP will engage in negotiations with the debtor to reach a mutually agreeable resolution. Mediation and alternative dispute resolution techniques are employed to facilitate discussions and avoid prolonged legal battles.

Legal Proceedings and Litigation

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If amicable resolutions cannot be reached, RCB LLP will be prepared to initiate legal proceedings. This may include filing a claim to pursue a judgment against the debtor and seeking enforcement through the court system.
Overall, RCB LLP’s construction debt collection services play a crucial role in helping construction professionals navigate the complexities of debt recovery, allowing them to focus on their core business activities while safeguarding their financial interests.