Construction Collection Agency Services
In-House Receivable Services, or IRS, provides BC and Alberta collection agency services to quickly recover construction debt.We offer affordable contingency rates on fast return debt collection for the construction industry with superior recovery results. For over 20 years, IRS has a proven track record in construction and commercial debt collection.
IRS is a fully licensed, bonded and insured collection agency. Our senior management has over 130 years of experience in recovering construction debt. Our agency collectors are highly trained professionals in commercial debt collection. Construction debt is one of the most complex forms of debt collection.
Large balance construction debt can be extremely complicated and sometimes requires legal action to extract the money you are entitled to. This is why so many BC and Alberta Law Firms rely on us to assist them in recovering construction debt.
Time is the biggest enemy when it comes to collecting construction debt. Many contractors, suppliers, development companies, sub-contractors, laborers and construction companies assume that filing a lien will ensure they get paid in full. Unfortunately, this is not the case and as a general rule, the first creditors who list a problem receivable with a collection agency are the ones who actually get paid.
In BC and Alberta a Builders Lien must be filed within 45 days after the date of substantial completion, abandonment, or end of the project.There are numerous remedies available after a lien has been filed. If the lien filing deadline has passed, the odds of collecting your debt are greatly diminished. If you have missed the filing deadline, then it is a smart business decision to list your account for immediate collection.
Related Construction Collection Services
IRS offers related construction debt recovery services including skip tracing, asset investigations and cost effective litigation.There are usually warning signs when a construction receivable is in trouble: suppliers complaining about not getting paid, delivery of building material being delayed due to non-payment, stop work orders and the list goes on. Ignoring the warning signs can be extremely expensive with construction debt.
Our related collection services can confirm or refute your suspicions about whether you will get paid.