When you’re running a construction business, every dollar counts. Yet, one of the toughest challenges contractors face is collecting the payments they are rightfully owed for work they’ve already completed. Unpaid invoices can wreak havoc on your cash flow, delay project timelines, and create unnecessary stress. It’s not just about persistent follow-ups; you need a collection strategy that’s both consistent and legally sound.
This is where The Cromeens Law Firm Collection Plan makes a game-changing difference. For less than the cost of hiring a full-time employee, this subscription-based plan takes the burden of collections off your shoulders while ensuring payments are pursued legally and effectively.
Here’s how The Cromeens Law Firm can help your business thrive and why their plan is the solution you’ve been waiting for.
The Challenge of Payment Collection in Construction
The construction industry stands apart in many ways, and payment collection is no exception. Unlike other industries where transactions are often straightforward, contractors face unique challenges, including:
- Complex payment structures: Payments in construction projects often depend on progress milestones, retainage clauses, and contract stipulations, leaving room for disputes and delays.
- Legal hurdles: Understanding and adhering to state-specific lien laws can be complicated, which is where experienced construction law attorneys become invaluable. Deadlines for notices or lien filings vary by region.
- Time and resource constraints: Small- and medium-sized contracting firms may not have the time, expertise, or resources to manage a full-scale collections process while also focusing on ongoing projects.
Without a systematic approach tailored to the intricacies of the construction industry, contractors can lose thousands—if not millions—of dollars in unpaid invoices. In fact, slow payments cost the construction industry $280 billion in 2024 alone, according to Rabbet’s 2024 Construction Payments Report.
A Cost-Effective Solution for Contractors
Hiring a dedicated, full-time employee to manage collections might seem like the logical step. However, for many businesses, this expense can be prohibitive. That’s where The Cromeens Law Firm’s construction debt collection services step in.
For a monthly subscription that costs less than a full-time in-house salary, contractors gain comprehensive collections support from a team of legal experts. You get the expertise of an entire law firm without the overhead costs of expanding your payroll.
What The Collection Plan Includes
Unlike traditional collection agencies, The Cromeens Law Firm blends legal expertise with a proactive strategy. Here’s a breakdown of their monthly process:
1. Reviewing Your Open Invoice Report
Every month, The Cromeens Law Firm analyzes your open invoices. They identify which accounts are overdue, helping you prioritize the actions necessary to recover payments. This consistent review process ensures no file falls through the cracks.
2. Identifying Required Actions
Depending on the status of outstanding invoices, their team determines whether:
- A lien notice needs to be sent
- A formal lien should be filed
This systematic approach ensures you comply with legal deadlines, keeping your business protected.
3. Conducting Thorough Research
The details matter when it comes to filing liens. The firm conducts all the necessary research, from verifying project details to nailing down property ownership, ensuring that every lien filed is accurate and enforceable.
4. Preparing and Sending Notices and Liens
Leave the paperwork to the experts. The Cromeens Law Firm drafts and sends legally compliant notices and liens on your behalf. Because they’re a law firm, you won’t have to second-guess the validity of their processes.
What’s the Bottom Line?
Their streamlined monthly collection process doesn’t just remove the administrative and legal burden—it helps you get your money faster and with fewer headaches.
Why Legal Expertise Matters
One of the biggest advantages of working with The Cromeens Law Firm is their in-depth legal knowledge of lien laws. Filing a lien or lien notice might seem straightforward on the surface, but even minor errors can render your mechanic’s liens unenforceable. Their legal team ensures every i is dotted and every t is crossed, so your rights as a contractor are fully protected.
Their expertise isn’t just theoretical; their proven track record speaks for itself. One contractor with a business generating $25 million in annual revenue relies on The Cromeens Law Firm to manage their collections—and they collect 99.9% of all owed payments. That level of success isn’t just impressive; it’s a testament to the firm’s efficiency and skill.
The Power of Consistency
Ask any successful contractor or business owner, and they’ll tell you that consistency is the secret to sustainable success. The Cromeens Law Firm understands this—it’s baked into their approach. Their methodical monthly reviews keep your accounts receivable in check while decreasing the risk of prolonged disputes or uncollected payments.
This consistency also translates into improved cash flow for your business. With steady receivables and fewer financial uncertainties, you can take on new projects confidently and keep your operations running smoothly.
Real Results From Real Contractors
Nothing builds trust like hearing from those who’ve experienced the benefits firsthand. Many contractors who use The Cromeens Law Firm’s collection plan rave about the peace of mind and financial stability it provides.
Here’s what one recurring client has shared:
“Before working with The Cromeens Law Firm, we were leaving thousands of dollars on the table every year. Their collection plan didn’t just recover our payments; it gave us the confidence to focus on growing our business without constantly worrying about cash flow. I’d recommend them to any contractor who’s tired of chasing their money.”
Why Choose The Cromeens Law Firm?
When you partner with The Cromeens Law Firm, you’re not just hiring a service; you’re gaining a dedicated team that genuinely cares about your success. Here’s what sets them apart:
- Cost-Effectiveness: Affordable monthly subscriptions save you the expense of a full-time hire.
- Legal Expertise: Their vast experience and understanding of lien laws ensure your rights are protected.
- Proven Track Record: Their results speak for themselves, with some clients achieving an astounding collection rate of 99.9%.
- A Tailored Approach: They specialize in working with contractors and understand the unique challenges of the construction industry.
Get Started Today
If collecting payments has been draining your time, resources, and peace of mind, it’s time to make a change. The Cromeens Law Firm Collection Plan provides the consistency, expertise, and results you need to recover what’s yours—all for less than the cost of a full-time in-house employee.
Stop leaving money on the table and start securing your payments. Contact The Cromeens Law Firm today to learn more about their collection plan and how it can transform your business.
Your hard work deserves to be paid for—The Cromeens Law Firm will ensure it is.