Industry Specialist Services
Construction & Contractors Debt Collection
Specialized debt recovery for construction companies, contractors, and subcontractors across Canada
Construction Clients
Industry Leading
Recovery Success
Liens Registered
Challenges in Construction & Contractors Debt Collection
The construction industry faces unique collection challenges including lien rights, progress payments, and complex payment structures. Our specialized team understands these complexities and delivers results.
Complex Payment Structures
Progress payments, holdbacks, and tiered contractor relationships create complicated collection scenarios that require specialized expertise.
Lien Deadlines & Rights
Construction lien rights have strict deadlines that must be preserved. Missing these can mean losing your leverage to collect.
Project Disputes
Clients often withhold payment due to quality disputes, delays, or scope disagreements, requiring skilled negotiation.
Seasonal Cash Flow
Weather-dependent work creates uneven cash flow, making timely collections critical for business survival.
Our Specialized Solutions
Tailored debt recovery strategies designed specifically for the construction & contractors debt collection industry.
- Lien Preservation
We ensure all construction lien rights are properly preserved and registered within statutory deadlines.
- Prompt Payment Act Compliance
Expert navigation of provincial Prompt Payment legislation to ensure your rights are protected.
- Dispute Resolution
Skilled negotiation to resolve project disputes while maintaining payment obligations.
- Progress Payment Recovery
Specialized strategies for recovering withheld progress payments and final holdbacks.
Why They Choose IRS Collections
Industry Expertise
Deep understanding of construction & contractors debt collection payment cycles and client relationships.
Higher Recovery Rates
Proven strategies that maximize recovery while preserving business relationships.
Fast Response
Quick action on delinquent accounts to minimize losses and improve cash flow.
Professional Approach
Ethical, compliant collection practices that protect your business reputation.
Major Commercial Project Recovery
Challenge
A general contractor was owed $385,000 in final payment and holdback after completing a commercial development, but the owner claimed deficiencies.
Solution
We registered a construction lien, engaged in structured negotiations, and coordinated an independent inspection to verify work quality.
Result
Recovered 100% of the outstanding amount ($385,000) within 75 days, avoiding costly litigation.
Frequently Asked Questions
Everything you need to know about our debt collection services.
How do construction liens work in debt collection?
Construction liens create a legal claim against the property where work was performed. They must be registered within strict deadlines (usually 45-60 days depending on province) and provide significant leverage in collection negotiations.
What is the Prompt Payment Act and how does it help?
Provincial Prompt Payment legislation (in ON, SK, and other provinces) requires payment within specific timelines. We use this legislation to accelerate collections and hold parties accountable for payment delays.
Can you help with subcontractor payment disputes?
Absolutely. We specialize in subcontractor collections, including trust fund claims, pyramid situations, and disputes with general contractors or property owners.
What if the project owner claims deficiencies?
We coordinate independent inspections, review contracts and specifications, and negotiate settlements that account for legitimate deficiencies while protecting your right to payment for completed work.