Get Paid on Every Project

Leverage Network of Construction Collection Agencies When Your Debt Goes Unpaid


Collections & Foreclosure

Control Your Accounts In Collection with zlien

It’s zlien’s mission to empower our users to get what they earned. Our platform enables you to secure projects from the start with preliminary notice, track lien and bond claim deadlines, and file lien or bond claims. While this methodology produces payment in as much as 99% of projects, there are some claims that will require further collection or foreclosure work.

zlien’s system enables you to manage the collections and foreclosure process within it’s platform, giving your company total control over accounts that have escalated into collections or legal status. Plus, even when accounts are in collection or legal status, their lien and foreclosure deadlines are still being monitored.

Here are some features of zlien’s Collections & Foreclosure Management module:

  1. Press 1 Button to send all project and filing data to a collector or lawyer
  2. Track lien and foreclosure deadlines on projects in collection or legal status
  3. View all Collection accounts on one screen
  4. Communicate with the collector through web interface 





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Get Paid With Our Collectors, Or Yours

 

Use Your Own Collector

Your company already has a collection agency or lawyer that you trust?  That’s great news, and our system will help you and your agency or lawyer leverage collect accounts more successfully.  Here’s how:

  • Prepare all project materials and deliver to your collector or lawyer in 1 click
  • Track everything you’ve sent for collection or legal help
  • Your collector or lawyer will have access to our system for those projects
  • All lien and foreclosure deadlines continuously tracked for both you and your collector / lawyer
  • Manage communications with your collector / lawyer by project

Use Our Collector

We work with a network of collection agencies that specifically have experience collecting on liens, bond claims, and construction accounts. This, as you know, is a special art. Our collection partners are prescreened and have quality standards they must fulfill to remain partners. 

Collection services are at no risk to you, as the fee is completely contingent. This means you will only pay us upon the successful collection of money owed to your company. The commission rate for a collected account is based on the following table:

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Simple Integrated Lien Collections & Foreclosure Management

Controlling your collections or legal process is easy (and beautiful) with zlien’s integrated lien collection & foreclosure management system. Whenever you need to escalate an account, press the $ icon, confirm the information, and submit you matter. It’s that easy. 

From there, the LienPilot system will collect all of your project’s data (including all filings and deadlines) and submit them to your collector, or one of our collectors.  You will be able to track the project and its collection status from our “Collections” tab.

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Collections Frequently Asked Questions

Here are some frequently asked questions about the zlien’s Collections service and the Lien Collections and Foreclosure module.

Will the commission structure automatically go up a lawsuit is need, or will they contact me first?

Prior to filing suit, the collections affiliate working on your claim will need to get your written consent. 

Does zlien handle the collections of my account in-house?

No, all of our collections go through an affiliate program, and you will be placed with an affiliate who has experience with construction collections and mechanics lien / bond claim instruments.

Is there a fee if nothing is collected?

No, the fee is 100% reliant upon whether anything is collected on your behalf. You will only pay the commission fee if the collector is successful at collecting money for your company.

Is there a minimum debt amount to place with collections?

Yes, the minimum debt for all collection projects placed through zlien is $5,000.

Can I pull my project out of collections anytime?

No, once a project has been placed in collections and you’ve agreed to the terms, we cannot remove the project. You can remove the project from the collector’s control, but doing so will not eliminate your obligation to pay the collection fee if any amounts are recovered.

Will my project definitely qualify for zlien’s collections program?

zlien only places accounts for collection when the debt sought is greater than $5,000, and the debt is not a “consumer debt.”  Most construction debts are commercial debts, and we will place all commercial debts. At this time, we do not accept any accounts for work performed on residential construction projects, which may be considered a “consumer debt.”  In the future, we may be placing these accounts.





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The zlien Difference in Lien Foreclosure & Collections

Collectionszlien is in the business of getting you paid, and we know how to do it.

Our company harnesses our familiarity with and the power of mechanics lien claims, bond claims and stop notices to make your account a priority for others at the project, and in the end, to get you paid. Through our preliminary notice outsourcing service, mechanics lien filing service and collections and foreclosure services, zlien provides a turn-key service to the construction industry that allows you to completely outsource and forget about bad debt.

You can trust zlien. We handle claims, notices and collections for thousands in the construction industry everyday and secure billions in receivables each year. Plus, our systems are second to none in the industry, relying on our proprietary software that understands legal nuances in the mechanics lien laws so you don’t have to, ensuring your accounts are optimally managed. Learn more about Why zlien is the right choice for your company.





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