Legal Question in Credit and Debt Law in Massachusetts

My company has provided services to a company that is no longer in our state- they were here temporarily to do construction work and we provided them with "sub" contractor work. Because they were here for about 6 months we did not pursue a contract with them. The company recently left our state to go back to their home office. The also left a large big (10's of thousands) which they agreed to pay prior to leaving but now claim the company is no longer capable of paying. They were NEVER dissatisfied with our service, we were always timely and professional. How can we get our money legally from them before they (possibly) go bankrupt in the state they are in??

Asked on 9/14/09, 9:17 am

2 Answers from Attorneys

Warren Wood Law Offices of Warren Wood

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There are a few questions that must be answered in order to determine the collectibility of this debt, your legal remedies, and the best course of action in proceeding with your collection efforts.

1) Where are they located and licensed to do business?

2) Who owes them money?

3) What assets do they have and where are they located?

4) What projects do they have in progress now and what ones are in the pipe line?

5) What legal form are they presently doing business in?

6) What defenses are they likely to raise against you to stall you or avoid paying you?

There are more considerations as well. This Office assists small businesses in collecting their receivables and managing their delinquent/ tardy clients. Initial consultations are often free. Good Luck!

Answered on 9/19/09, 9:31 am

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