Collection of Debt and Enforcement of a Personal Guaranty

Assisted distributor of construction materials in a large business dispute involving the collection of a large unpaid debt and enforcement of a personal guaranty. Although the principal corporate debtor filed for bankruptcy, a significant portion of the claim was collected through the filing of mechanic’s liens on two of the corporate debtor’s construction projects and from a settlement with the guarantor. The settlement of the claim against the guarantor involved a cash payment and a future payment secured by guarantor’s individual and corporate assets.