Payment Resolution
Resolving Payment Conflicts: Protecting Your Cash Flow Without Burning Bridges
Payment delays and disputes are common challenges in construction, impacting contractors, owners, developers, subcontractors, and design professionals alike. When payments stall, the ripple effects can disrupt schedules, strain relationships, and jeopardize project success. Resolving these conflicts requires not just strategic action but also a focus on preserving trust and collaboration.
While tools like mechanics liens, stop payment notices, and payment and performance bonds are effective legal remedies, many hesitate to use them, fearing damage to critical relationships. The challenge lies in recovering funds without jeopardizing future opportunities or partnerships.
Our Approach: Balancing Innovation with Legal Strength
At H&N, we understand the importance of safeguarding both your cash flow and your professional relationships. While legal remedies like mechanics liens, stop payment notices, and payment and performance bonds are part of our arsenal, they are not our default approach. Instead, we prioritize solutions that promote resolution and maintain trust, turning to legal remedies only when other options have been fully explored. Our strategies include:
-
Facilitating Open Dialogue: Structured, neutral discussions to resolve disputes early, align expectations, and foster collaboration.
-
Negotiating Win-Win Agreements: Crafting agreements that clarify payment terms, resolve conflicts, and strengthen trust for future partnerships.
-
Leveraging Alternative Dispute Resolution (ADR): Using mediation and arbitration to address conflicts efficiently and minimize adversarial tension, avoiding costly litigation.
-
Proactive Payment Audits and Risk Mitigation: Analyzing payment patterns and identifying risks to strengthen systems and prevent future delays or disputes.
-
Customizing Enforcement Strategies: When necessary, deploying tailored legal tools—such as mechanics liens or stop payment notices—to secure payment while striving to preserve relationships.
Strategic Advocacy You Can Trust
At H&N, we understand the importance of building trust and momentum for your future projects. Our measured approach to payment resolution addresses conflict while keeping your business relationships intact. Whether you're an owner, developer, subcontractor, or design professional, you can rely on us for creative, effective solutions that protect your interests and empower you to move forward confidently.