July 9, 2026
The Right of Retention as a Debt Collection Tool: What You Need to Know
The right of retention is one of the strongest rights a contractor has when dealing with a defaulting payer. Incidentally, the right of retention applies not only to contractors but also to other creditors, such as hotel owners, freight forwarders, carriers, and leaseholders. Auto repair shops can also exercise the right of retention, for example, on a car they have just repaired. What does the right of retention entail…