Contractors typically get paid through invoices. After completing a project or reaching a milestone, sending an invoice to the client with details like the work done, the hours worked, and the agreed-upon amount due is standard practice. Payment terms should be clearly stated in your contract.
You have two legal options if your client fails to pay you after receiving insurance money for your services. Filing a mechanic’s lien allows you to place a claim on the client’s property. You can also sue for breach of contract. Each of these legal actions has strict filing deadlines. It’s advisable to consult an attorney to ensure these deadlines are met.
In Colorado, a contract typically allows for a 72-hour cancellation period during which the client can rescind the contract and receive a full refund of any deposit. However, specific cancellation policies may vary depending on the type of contract and agreement between parties. Reviewing a contract’s terms with a knowledgeable attorney can help you better understand the exact cancellation rules and any applicable exceptions.