Sorry i have to vent

I just lost 90,000 dollars on a builder that went bankrupt on me i was a subcontractor doing heating & Airconditioning for this guy for the last 3 years and he just ups and goes bankrupt changes his name and it just drives me crazy that people can do this to someone and still sleep at night sorry but i had to exprese myself to someone other than taking it out on my family ](*,)
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DeadI
That sucks dude. Sorry to hear it.
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MuleyMadness
Sorry man, that's not good. :>/
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southwind
Been there. Some guys in the business will do it two or three times until they have used up every subcontractor in the books. Never ever let your lien rights expire. I have chased money for years on guys and don't stop until I get something.
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MULEY7MM
"southwind" wrote:Been there. Some guys in the business will do it two or three times until they have used up every subcontractor in the books. Never ever let your lien rights expire. I have chased money for years on guys and don't stop until I get something.
 Have you ever done jugements?
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Buck Fever
That sucks, I know where your coming from. Just like southwind said keep renewing those liens. Send invoice after invoice after invoice. It's hard to swollow that someone could do this and like you said still sleep. I wish you luck!!
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southwind
Yes, and the only thing is with a judgement you want to do it fast and be towards the front of the line. Then it will really be up to you to follow this guy and be there if he ever gains any assets worth grabbing. Normally these guys find ways to skirt the system but be a real thorn in his side. Sometimes the best policy is set keep a watchful eye and set back and let him think he is free and clear and then about the time he thinks everyone has forgotten about him BAM! You got him. If he thinks you on his every move he may hide things through other sources.

It sucks and more than likely you will never get all your money back but my policy is to never give up. I have collected money from people after more than a decade.

You may also have to decide if a settlement works best for you which could mean pennies on the dollar. I typically do not settle but sometimes you can't avoid it.

I use good attorneys but only at the point I really need to. I save a lot of money by doing the long drawn out leg work myself.

Good luck!
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basingater
I had a excavation co. in utah and had that pulled on me also and after 5 yrs only collected about 10% and I felt lucky to get that but still closed my doors and never opened again..Sorry to hear that but keep plugging away he we get whats coming to him...
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NONYA
Put a lean on his punk ass,I had aa contractor fail to pay me for a roof I did,put a lean on his vehicle and home,if he ever sells either I get paid first.
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callofthewild
it is time to be very careful who you do jobs for. this economy is going to weed out a holes like this. this is like a natural cleansing cycle like forest fires are. at work we are doing even more credit checks and having new customers give us references before we open up accounts for them.
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MULEY7MM
Thanks guys for all the input i am hust hopeing that it will get better with my luck this will be the year i draw all my tags and cant afford them ](*,)
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Buckmaster
"NONYA" wrote:Put a lean on his punk hind end,I had aa contractor fail to pay me for a roof I did,put a lean on his vehicle and home,if he ever sells either I get paid first.
+1 :thumb
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a_bow_nut
We had a wood installer that pulled this crap on us. We were lucky that we only lost a few thousand dollars because we had to find new installers to finish his jobs. Come to find out he was into the wood suppliers to the tune of seventy thousand. (???)

Not the way that you would think that one of the local pastors would act. :-k
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Jeff
Whuch builder was it?
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MULIES4EVER
I had that happen to me in 2001 but I only lost $11,000.00 and it was a tough blow.
I cant imagine recovering from $90,000.00
I hope all is well for you.
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chet
I would do some advertising for him......
if ya know what I mean!!!!
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MULEY7MM
I told some other people about this guy and he had what he said was a lawyer call me and say he can get me for slander if i keep telling others about what builder and what he has done i dont know if this is true or not (???)
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Buckmaster
Bankruptcy is public information, I don't think I would worry about his threats. :thumb
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