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Protect Your Profits: Essential Tips for Crafting Enforceable Payment Plans
Manage episode 448786516 series 1269171
Payment plans can be a valuable tool for resolving outstanding debts and avoiding litigation. However, it’s crucial to approach them strategically to ensure they are legally sound and protect your interests. In this guide, we’ll explore four key tips for crafting effective payment plans: getting it in writing and signed by the right person, including essential terms in the agreement, offering credits strategically, and preserving your lien or bond rights. By following these guidelines, you can increase the likelihood of timely payments and minimize potential risks.
Make sure to follow us on YouTube and social media, including Instagram, LinkedIn, and Twitter, to get a jump on your competition.
About Alex Barthet
Alexander Barthet is a board-certified construction attorney in Florida and holds a B.S. in mechanical engineering. He manages The Barthet Firm, a ten-lawyer construction law firm in Miami, and maintains a construction law blog at www.TheLienZone.com. He can be reached at 305-347-5295 or alex@barthet.com.
The post Protect Your Profits: Essential Tips for Crafting Enforceable Payment Plans appeared first on TheLienZone Podcast.
300 епізодів
Protect Your Profits: Essential Tips for Crafting Enforceable Payment Plans
The Lien Zone Podcast: Construction Law, Contracts, Liens, Bonds & Collections
Manage episode 448786516 series 1269171
Payment plans can be a valuable tool for resolving outstanding debts and avoiding litigation. However, it’s crucial to approach them strategically to ensure they are legally sound and protect your interests. In this guide, we’ll explore four key tips for crafting effective payment plans: getting it in writing and signed by the right person, including essential terms in the agreement, offering credits strategically, and preserving your lien or bond rights. By following these guidelines, you can increase the likelihood of timely payments and minimize potential risks.
Make sure to follow us on YouTube and social media, including Instagram, LinkedIn, and Twitter, to get a jump on your competition.
About Alex Barthet
Alexander Barthet is a board-certified construction attorney in Florida and holds a B.S. in mechanical engineering. He manages The Barthet Firm, a ten-lawyer construction law firm in Miami, and maintains a construction law blog at www.TheLienZone.com. He can be reached at 305-347-5295 or alex@barthet.com.
The post Protect Your Profits: Essential Tips for Crafting Enforceable Payment Plans appeared first on TheLienZone Podcast.
300 епізодів
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