ICON Debt Solutions Inc.

The major thing to consider is the legitimate right is to set off a claim or to hold back funds payable by ignoring any issue arising under the Builders Lien acts construction defect does not give rise to deduct an estimate repair cost from amounts or payable. Some contracts allow for rights to set off or the right to holdback an amount on account of construction deficiencies even where the contract is silent. There are two major points to be taken not 1. The owner requires maintaining and holdback until the lien period is expired. 2. The act states that the lien fund shall not hold against the lien holder are applied to the completion of the contract or for any purpose other than the line. One should read these requirements and conclude that line black is simply not the available completion of deficiencies. If the lien is claimed or to be claimed then line holdback is just another sum payable under the contract.  It also has the right to setoff may be exercised and ta

Debt collection is needed in every business. Given the condition of economy going on now, customers naturally find it difficult to pay the debts. It is helpful to hire a Collection Agency to get the debts cleared. These agencies are experts in collection of debts from one business to another. The following are some of the ways to collect debts as used by the agencies. The preparation: Before contacting the delinquent client, get all the information you can about him. Make Xerox copies of all the information, including contracts and invoices, to approach the client more personally and professionally when you speak. The documentation: Document all the things that were discussed while talking to the client and take up notes carefully wherever needed. The comments made by the customer also has to be noted for future references if needed. Surety over assumptions: Make sure that you have all the correct facts before you go ahead to deal with the customer. You do not

A builder’s lien can also be referred to as a lien on property.  It secures a claim for payment for work done on--or materials provided to--a construction occupation or to get renovations or repairs designed into a existing structure. Every time a lien is registered in the Land Title Office, then it becomes a charge against the title to the house or property involved. Builder’s liens can be an effective instrument to recover outstanding debts owed to builders and material suppliers.  But because the law is complex and filing accurately completed forms within the required deadlines is vital, you should have legal advice when fulfilling a contractor lien.  The Builders' Lien Act is designed to offer contractors and suppliers of equipment or materials with safety for payment.  The charge produced by the liability is actually a lien against the land (or so the mineral rights) in regard to the materials or services were provided. A lien is deemed to exist from the moment