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Bankruptcy Questions
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Bankruptcy
All States
I leased an aircraft to a flight training school who manages the aircraft and rents and collects payments, they have missed payments to myself repeatedly over the last few months. We do have a contract and they are no longer responding to emails and general communications. I believe they are going to declare bankruptcy within the next month.
Californiamulti national company-california, new jersey, texas, new york, illinois
TexasCan I require payment up front for materials on my contract jobs? How do I protect myself in this environment where our economy is plummeting and I am still getting work? I am a Subcontractor and standard procedure is "we get paid after the G.C. gets paid" but we are supposed to buy all of the materials and furnish labor before we can invoice. What if the Bank pulls the funding for the project?
CaliforniaIN 2019 I WAS FINED BY LABOR AND INDUSTRIES AND ORCA FOR REMOVING ASBESTOS FROM JOBSITE WITHOUT TESTING. MY FINES ARE $32000. THE COMPANY ONLY MADE $52000 IN 2018 AND $60000 IN 2019. THEY WANT ME TO MAKE PAYMENTS THAT ARE BEYOND MY RANGE, CAN I FILE BANKRUPTCY ON THESE. I WAS GOING TO CHANGE COMPANY TO LLC BUT NOW I THINK I SHOULD DISOLVE COMPANY
WashingtonWe signed with a company to perform some work on our house. The work was completed by a sub-contractor. The original company has now filed for Chapter 7 bankruptcy and the sub-contractor wants us to pay him directly. What should we do?
ColoradoI am a licensed in Florida building contractor and in licensed roofing contractor. I’m currently qualified to different businesses and due to circumstances beyond my control I may be forced to file personal bankruptcy.
FloridaWe have a mechanic Lien in one of our Customers Panache and now we have receive a Chapter 11 motion. Do you think we may proceed and hired a lawyer or how we should proceed . Case # 20-10410-HCM
TexasI did a job for a residence that still owes me $3,000 for my services. They informed me they put my account in their Bankruptcy. I then filed a Notice of Intent to File a Mechanics Lien. Now I get a letter from their Bankruptcy Lawyer they have a hearing to remove the Lien from their property. Is this a bluff? I haven't filed a lien yet. Should I go ahead and file a lien? The letter says I have until the 15th to respond or the Judge will decide.
MissouriHI, hope you all are safe!
I had small construction for rehab properties, in 2008 I lost everything, filed for bankruptcy and my credit went bad. So slowly I start landscape business by myself , time to time I would hire day labor for help.
Does this stimulus fund help me in any way, from getting loan for rehab of depressed properties to get a help for my existing landscape business?
Thank you,
Bijan
CaliforniaI am a general contractor i have contract with a restaurant business to open 10 locations a year. due to the coronavirus i heard rumors that the restaurant would be filing for bankruptcy, am i able to place a mechanical lien on an unfinished project?
CaliforniaWe have a large national restaurant chain customer with about $28,000 in unpaid invoices for work on many different facilities in about 15 different states. This customer filed CH 11 last week. Are we able to file liens for past due invoices on property owned by a third party landlord or will that be construed as an action to collect a debt and therefore not allowed due to the Chapter 11 filing. We're assuming we will get little to nothing through the bankruptcy process for invoices submitted before the filing.
TennesseeWe are victims of the David James Homes fraud in Virginia. All our payments were to DJH we had no dealings with the subcontractors, did not hire them or sign contracts with them and have no idea who most of them are. We were never owing to DJH at any time in our contract with DJH and are, in fact, owed $42,000 by DJH for work we paid for not supplied. A subcontractor has put a lien against our property in the amount of $3,800. It is now past the 6 months deadline they have to enforce it. Additionally, it is for work we already paid DJH for (DJH had a very weird PREpay draw schedule, so we gave the money for counters to DJH 3 months before they were installed, DJH just never gave the money to the subs). Merle Heckman filed bankruptcy last fall with DJH. The case is ongoing. Because the 6 months has passed, can I petition my local county court to remove the lien or do I need to wait until some specified time after the DJH bankruptcy case closes? The "automatic stay" wording regarding bankruptcy was confusing and I don't want to petition to have a lien removed before the window for enforcement has closed.
VirginiaApologies -- I wanted to ask this of the attorneys. I mistakenly posted on the "payment expert" site. I hope this makes it to the correct inbox. Please delete my other question if it comes up on your site. Again, apologies.
We are victims of the David James Homes fraud in Virginia. All our payments were to DJH we had no dealings with the subcontractors, did not hire them or sign contracts with them and have no idea who most of them are. We were never owing to DJH at any time in our contract with DJH and are, in fact, owed $42,000 by DJH for work we paid for not supplied. A subcontractor has put a lien against our property in the amount of $3,800. It is now past the 6 months deadline they have to enforce it. Additionally, it is for work we already paid DJH for (DJH had a very weird PREpay draw schedule, so we gave the money for counters to DJH 3 months before they were installed, DJH just never gave the money to the subs). Merle Heckman filed bankruptcy last fall with DJH. The case is ongoing. Because the 6 months has passed, can I petition my local county court to remove the lien or do I need to wait until some specified time after the DJH bankruptcy case closes? The “automatic stay” wording regarding bankruptcy was confusing and I don’t want to petition to have a lien removed before the window for enforcement has closed
Virginiais this the type of form you'd fill out once for all the debt or multiple times so you could stipulate which claims are secured by liens.
GeorgiaI had a house fire in 2016 - almost totalled. Hired a contractor to render the repairs (~$260K). After the time frame for the contract expired, repairs were still under 50% complete. Repairs were sub-quality including actual construction and materials. Disputed poor workmanship with contractor and they abandoned the project (ripping their builders box from the tree). Shortly afterward, they implemented a $50,000 mechanic's lien on the house and initiated a suit for $34,000. We hired an attorney and counter-sued. After depositions, meetings with our attorney, etc., we have piled up $22,000 in attorney's fees and haven't even gone to court. We can't pay the fees and our attorney stated they are filing to withdraw as our attorneys this Wednesday. I am meeting with a Bankruptcy attorney on Friday. My question is: Will a bankruptcy remove the mechanic's lien from my house and dismiss the law suit and the $22,000 attorney's fees?
Thank you so much
Chris Johnson
Georgia