Protect your rights and interests as a contractor when you have carried out work and your invoices remain unpaid. Take the necessary steps to collect from your debtors the amounts they owe you. Contact our lawyers for information on construction debt collection.
In the construction industry, invoices often remain unpaid, particularly after completion. In such a situation, it is important to contact the client as soon as possible and take the necessary steps in good time.
It is often advisable to first serve formal notice on the client, usually in writing, for reasons of proof. If the client refuses to pay, a debt collection requisition can be filed with the relevant office.
In addition to these steps, it is often necessary to initiate debt collection proceedings against the client before the relevant court. Such proceedings can be complex, and may require a judicial appraisal, particularly when the defects are disputed. In some cases, it may be possible to file a petition for the registration of a statutory mortgage for tradesmen and building contractors, which, if accepted, could secure payment of the amount due by means of a pledge on the property.
Legalify offers advice and assistance with debt collection procedures in the construction industry. Contact our lawyers for more information.
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