Bloomington, IN
i didnt have any money in, but same situation i had. Built my house, gave my builder almost 100k, took off with my money and filed bankruptcy. Never saw a penny and almost lost everything.
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Quoted from MrBally:Do you know if that CONtractor ever had to pay anything back to customers? Any idea if he is building homes these days as an LLC?
The contractor was actually my next door neighbor where i built the house. He didnt pay anyone that had worked on the house, so I ended up getting sued by all the subcontractors. He filed bankruptcy, then got to live in his nice home free of charge for 2 more years because he had kids, and the government didnt kick them out for that reason. I ended up with nothing in the end, and found out he had not paid any of the subcontractors at other homes he had built. So, I learned how to build a home real quick or I would end up losing everything!
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