Here is my tenth blog post covering the subject of getting paid by your customers. Again, I draw my writing from the article, “How to Collect from Anyone (Even Enron)” found in Inc. Magazine,
Way to get paid #10: Take Legal Action. If things get really bad — if a customer breaks a promise about making an ultra-late payment, for example — then you may want to take legal action. If any of the work you are doing is tied to a piece of real estate then you can file a “mechanic’s lien” on the property. Otherwise, you can go to court, demonstrate that the customer is in default, and obtain a judgment against them. Either of these methods will make the debt a matter of public record that will eventually have to be remedied – you getting paid.
“There are certain times when you need to attack by using Fire and one way is to Burn the enemies supplies” — from The Art of War by Sun Tzu.