In construction, it’s common to reflect the delay onto someone else in the payment chain, such as the “we’re waiting on payment from the owner” excuse. Demand letters get more attention than phone callsĬontractors experiencing slow payment or other payment problems usually start ringing their customer’s phone, and they hear some version of “it’s coming soon.” There’s the infamous “the check is in the mail” excuse that happens in all industries. Here are 3 ways that demand letters help contractors get paid when confronted with a slow-paying job. Escalating that communication and sending a demand letter is an effective way to take the next step, and get money flowing. Thousands and thousands of contractors are sending emails and making phone calls to chase payment every day. Wondering if you should send a demand letter on your job? For contractors, slow payment is a major problem.
Do I need to comply with the Fair Debt Collection Practices Act?ģ Ways A Demand Letter Can Help Contractors Get Paid Faster.How much will it cost to send a demand letter?.Should I make a settlement offer in the demand letter?.What to do if your demand letter is returned undelivered.What happens if someone doesn’t respond to my demand letter?.Do I need an attorney to send a demand letter?.Common Questions about Construction Demand Letters.Set a deadline for the party to respond to avoid further action.Threaten to report the uncollected debt to the IRS Make the claim in accordance with any “notice claim” provisions in your contract Threaten a mechanics lien filing & make your demand letter a “notice of intent” Reference your state’s prompt payment rules Include specific demands to invoke payment rights you have as a contractor.Include short & sweet facts about your unpaid account.Choose the right tone to set how aggressive you want to be.How To Write A Contractor Demand Letter.Demand letters will serve as evidence if the dispute escalates further Demand letters can unlock legal benefits that improve your collection position Demand letters get more attention than phone calls 3 Ways A Demand Letter Can Help Contractors Get Paid Faster.
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