Managing Risk & Getting Secured

Risk management is about having a safety net, a fall back position an exit strategy.

Accepting a very large purchase order or contract without these elements is like going on a cruise ship without lifeboats or vests. You simply hope and pray for a good outcome.

There are many safety nets available to help with risk management:

Third-party guarantee
Personal guaranties
Assignment of lien rights
Perfected Security Interest
Security thru Deed of Trust
Corporate guaranties
Purchase Money Security Interest
Security thru vehicle ownership
Perfection of Lien rights

Each type of collateral has its place in the hierarchy of a CFO or credit manager’s tool box. The key is understanding their value and how to execute.

A brief description of each is shown in the FAQ section of this site. Better yet, call or email and we would be glad to discuss the best type of safety net for your purposes.

Our law practice also focuses on Construction Defects & Insurance Claims, Preliminary Notices & Lien Claim Services, Credit & Collection Services, Real Estate Disputes and Condominium and Homeowner Association issues. If you need legal advise, call us today!

Dave’s daily dedication, effective and solid research, understanding of detailed Washington construction law, and ability to work with all other attorneys ensured I had the strongest case possible. We settled without having to go to court and I couldn’t have been more satisfied with the outcome.

Stephen
Dave is exactly the lawyer I hoped to find. He was extremely knowledgeable about each aspect of my situation involving condo construction defects, contractors, and the homeowners association. Dave’s advice was thoughtful and practical and I believe that is what created a fairly quick and painless outcome.

Anonymous
Dave does not give up on his clients. He is an excellent communicator, patient beyond belief, and not afraid to go up against a very large corporation. We were fortunate to have this trustworthy, knowledgeable person and his team on our side.

Linda
Dave and his firm associates had an uphill battle against a determined adversary for over two years to finally prevail to provide my wife and I as well as over 1800 other homeowners a just monetary settlement that never could have or would have happened without his firms hard work. Everyone was kept informed by individual e-mails as well as periodic meetings

Douglas
Dave represented us on a claim related to construction defects (roof not laid properly on new construction house, which resulted in significant water damage inside walls). Dave negotiated a settlement with the insurance provider that was greater than we even asked for! This obviously was a fantastic outcome, due to his skill and tenacity.

Brad

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