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 Default Judgments on the Rise in Construction Sector- Default Judgments on the Rise in Construction Sector
- May 24, 2011
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RBA has forwarded a record number of construction related collection claims to litigation and has seen a sharp increase in default judgments obtained. While this is desirable for its clients, RBA would like to minimize the shock, frustration and hardship that may result from its aggressive, court sanctioned involuntary enforcement proceedings and solve matters prior to these proceedings.
In many states across the country Rumson, Bolling & Associates has pursued the collection of construction-related commercial collection claims. Many contractors and suppliers absconded from their places of business, disconnected their phones, and adopted new names or phone numbers in an attempt to shake the unpaid obligations that resulted from construction financing that dried up. Simply put, funding came to a screeching halt for many contractors which resulted in many subcontractors and materi...
- View more at: http://www.1888pressrelease.com/rumson-bolling-associates/news/default-judgments-on-the-rise-in-construction-sector-pr-305380.html
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