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I’ve Received Contractor Lawsuit. What Happens Next?

Construction Law Monitor

Many times its a better business choice to work out a deal and move on with making money. Once a judgment is rendered against the party who is sued, then bank accounts, garnishments and property are all options for a quick collection. Other options : – Informal negotiations or ADR clause are other options.

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Turbocharging Motown’s Recovery

Buisness Facilities Contributed Content

According to reports, JPMorgan Chase, the nation’s largest bank, will provide $100 million to help Detroit with housing repairs, blight removal, job training and economic development projects over the next five years. The bank will direct half of the $100 million in loans and grants to community projects.

Detroit 49
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Why You Should Understand DBE Laws and Regulations

Best Practices Construction Law

DBE fraud can involve a broad range of schemes, but the most misunderstood issue deals with identifying whether the DBE expenditures count toward the DBE goal. Joint bank accounts with prime and DBE contractor. " What is a commercially useful function? DBE Management. Prime contractor facilitated purchase of DBE-owned business.

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Custom Home Builder Who Cheated His Framing Contractor

Contractor Bookkeeping

A customer is someone who treats everyone and everything as a commodity negotiates the lowest possible price, leaves nothing but bad feelings, squeezes every last ounce of value and withholds payment as long as possible. He wanted us to pay his bills and reconcile his bank and credit card accounts.

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Starting Profitable Construction Company Unique Secrets Revealed

Contractor Bookkeeping

Go to your bank and ask to speak with the commercial banker. Every bank has one and they can be one of your most powerful allies and mentors. The really good news they are on the banks payroll. How can you and the bank help me run my business more profitably? And things tend to do what you want them too most of the time.

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Legal Documents Required for Purchase of Property

CivilJungle

If you are buying a resale property, ask for a copy of receipts from the seller to be produced to the bank. You can request proof of funds from the bank, credit union or other institution that holds your money. Negotiate: Counteroffer and Then Hire an Appraiser. Property Tax Receipts: Property owners have to pay taxes.

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Do Pawn Shops Take Steel-Toe Boots?

Work Gearz

Normally people who require some immediate money but cannot go to a bank or other financial institutions to apply for a loan, opt for taking a loan from a pawnbroker. Selling your boots will get you a much better deal than leaving or even selling them at a pawn shop where you will only receive a fraction of the actual price.