Commercial Debt: Can You Stop Work If You’re Not Getting Paid?

Commercial DebtYou are not getting paid. Commercial debt is increasing and your A/R is higher than you’d like it to be. Can you stop work if you are not getting paid? The answer is sometimes yes and sometimes no.

Every industry has its own policies and procedures for stopping work when not getting paid. For example: lawyers are not permitted to stop work without asking permission from the Court, architects and engineers that use the AIA contract generally have to continue working for a pre-agreed number of days before stopping work, those in construction must follow specific protocols and generally can not just walk off the job. Continue reading “Commercial Debt: Can You Stop Work If You’re Not Getting Paid?”

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