Contractor Bookkeeping
NOVEMBER 3, 2012
The most common situation is when a residential remodel contractor who has built a reputation and a substantial company generating profits of 15% or more decides to start building custom homes. Or the opposite a home builder who decides to branch out into residential remodeling. Home Builder Doing A Residential Remodel.
Pro Builder
JUNE 11, 2020
But those who are teetering on the edge of bankruptcy may find themselves unable to pay rent or mortgages in the coming months, leading to an increase in foreclosures and missed rent payments.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Chianelli Estimating
AUGUST 6, 2020
One error may be the difference in bankruptcy or staying afloat. The above outline mainly illustrates the effects it may have on Commercial Estimating departments for Commercial and Non Residential Contractors. Residential Contractors are also affected by the Covid-19 pandemic. Less opportunities. Legal expense. Fuel expense.
NH Construction Law
OCTOBER 22, 2023
Worse, a lawsuit against the general contractor or subcontractor for breach of contract after abandonment of the project will almost certainly be futile; the default on its loan usually signals that it won’t be able to pay a judgment and is probably headed for bankruptcy. In the residential setting, this never happens.
Green Building Law Update
JULY 19, 2015
promissory note in favor of the contractor, does not tell the rest of the story, nor does the fact Shaw Development later filed for Chapter 11 bankruptcy protection in response to a foreclosure action by the project’s lender. tax credit certificate. tax credit certificate.
Green Building Law Update
JULY 19, 2015
promissory note in favor of the contractor, does not tell the rest of the story, nor does the fact Shaw Development later filed for Chapter 11 bankruptcy protection in response to a foreclosure action by the project’s lender. tax credit certificate. tax credit certificate.
Chianelli Estimating
JANUARY 30, 2020
Many times those costs are not recovered, however; they could make the difference in keeping the Builder or Owner solvent or ending up with a failed project or worse yet bankruptcy. A good estimate requires time to develop which directly effects the Owner’s, Contractor’s, Architect’s and Engineer’s cost of doing business.
Expert insights. Personalized for you.
49 
Let's personalize your content