The Michigan Builders Trust Fund Act (MBTFA) can have a significant financial impact on Michigan restoration contractors. The MFBTA mandates that payments made by an owner to a contractor are to be held “in trust” for paying subcontractors, suppliers, and laborers. This means that if you’re a general contractor who has received project funds, you Read More
At The Law Offices of Edward H. Cross, we continuously strive to empower restoration and disaster remediation contractors with the legal knowledge they need to succeed. That’s why, in a recent appearance on IAQ Radio with legends Joe “Radio Joe” Hughes and Cliff “Z-Man ” Zlotnik, attorney Angela Bajramaj shared invaluable insights on how contractors Read More
In the latest issue of C&R Magazine, attorney and collections expert Angela Bajramaj tackles one of restorers’ biggest challenges – getting paid – in the article “Top Collections Strategies for Restorers.” The key to successful collections, according Bajramaj, lies in setting realistic expectations, implementing effective communication, and thoroughly documenting throughout the project. Collecting payment starts Read More
As hurricane season approaches in the United States, restoration contractors face a unique set of challenges and opportunities. With the potential for widespread property damage and increased demand for their services, contractors must be well-prepared in order to thrive in the aftermath of these powerful storms. From understanding licensing laws and lien requirements to implementing Read More
How to Manage the Risks of Catastrophe Recovery Work Entering the CAT world is one of the riskiest business decisions a contractor can make. If you plan to pick up your business and move it to a disaster area for a month or more, you must consider everything. Many contractors race to the disaster area Read More
Most insurance policies contain terms that are hard to understand, and the policies are often written ambiguously and confusingly. Besides providing coverage, policies also assign responsibilities to the insured and duties to the insurer. One duty is the implied covenant of good faith and fair dealing. A moniker for the breach of this covenant is Read More
‘We Don’t Pay for That.’ Why DON’T you Pay for That? The insurance industry is legally required to adapt to what the restoration industry charges. It is not the other way around. Carriers need an objectively reasonable justification for denial of claims decisions or they face liability for insurance bad faith. “When restorers allow insurers Read More
Restorers complain that insurance companies pay too little and don’t treat them fairly, but some restorers contribute to the problem by pandering to insurance companies and foolishly undercutting the value of restoration services. Not only are these cannibal restorers driving down prices but they have started driving the homeowners against them too. Homeowners have started Read More
A mechanic lien is a security interest against real property recorded in favor of a party who prepared or improved that real property. It constitutes an encumbrance against the legal title on the property. Liens are often invalid because they are not timely recorded. Don’t take chances or rely on guesswork when filing a lien. Read More
This video was initially released in 2010, yet this problem is still common in the restoration industry; Monday morning quarterbacking by adjusters and competitors throwing criticism about the work being done or the price being charged. They throw judgment at the first responders who witnessed and inspected the actual emergency firsthand. Courts place a high Read More
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