Stanley Morgan & Associates works to help Ailing Construction Industry during the Economic Crisis.
Orange County, CA (1888PressRelease) October 22, 2010 - Stanley, Morgan & Associates the premier debt collection giant principally located in Anaheim California has released a report citing the fact that over 30,000 construction jobs have been lost in 2010 due to the economy. In addition, Construction spending has dropped 22% causing alarm throughout the industry. Given these staggering statistics, its no wonder that the firm has taken great measures to radically change the outlook of struggling construction companies.
In a recent survey of over 1500 construction company small business owners over 62% of those polled have cited they considered filing for bankruptcy protection in 2010 due to inability to collect on their past due accounts. Of those 62% nearly half of them have set things in motion to close their doors before years end. Couple that with the fact that the number of residential units to be constructed in 2011 will be halved, the industry is in dire need of its own economic bail out.
Stanley, Morgan & Associates has partnered with major construction law attorneys to provide its clients with the resources needed to collection on their struggling collection portfolios. In addition, all existing employees have been trained vigorously trained on various construction and lien laws and have applied collection techniques specific to the construction industry.
Typical claims that Stanley, Morgan & Associates can assist you with in the construction field include Non-Payment, Construction lien foreclosures, Breach of implied warranty of workmanship, Breach of Implied warranty of constructability, Breach of implied warranty that the plans and specs are fit for an intended use, construction licensure on State and local levels, Wrongful Termination from construction projects, Abandonment of construction projects, Permits, claims of lien, bonds, DBPR complaints, bidding, delays, construction defects, contract preparation and negotiation, and construction injuries.
Construction corporations, once the bedrock of the American economy, are facing bankruptcy or extinction. Both industry and private citizens are seeking help, and enormous amounts of government expenditure are being legislated. Stanley, Morgan & Associates is taking a unique approach to assisting its construction clients in recovering on their past due accounts and strongly urges the placement of accounts over bankruptcy.
If you are a small or mid-sized construction outfit, consider placing you accounts with Stanley, Morgan & Associates.
For more information about Stanley, Morgan & Associates please visit them on the web at www.stanleymorgan.org
Stanley Morgan & Associates works to help Ailing Construction Industry during the Economic Crisis. 
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