Re: Bankrupt Builder

It depends on what chapter he files, and what the facts are. If he files a 7 and if your builder took draws and did not perform the work, then you have a basis for challenging the discharge of any debt that he owes to you. There may also be criminal implications.

Make sure that you pay attention to deadlines for filing a claim, and deadlines for filing an objection to the discharge of the debt to you. You may wish to retain the services of a bankruptcy attorney (or an attorney who represents creditors) for assistance.

Carolyn Gilden Krohn

60 West Street, Suite 220

Annapolis, MD 21401

(410)280-5000

www.annapolisbankruptcy.com

Re: Bankrupt Builder

The best course of action is to talk to a creditor's rights attorney who does bankruptcy. You are a creditor in this case and missing a deadline could prevent you from doing anything. Even if you don't retain an attorney to represent you, you should consult with one to find out what your rights are and how you should proceed. There are too many variables to allow for good advice without discussing the issues in person with the paperwork in front of you.

Feel free to call me to set up a consultation meeting.