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M&E contractor Mitton files administration notice

Construction Enquirer

Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts. For more information and to benefit from the Enquirer discount click here.

Debt 96
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House builder Lane End owes £12m to suppliers

Construction Enquirer

An update from administrator Quantuma Advisory details debts of £11.8m “At this stage no further information in relation to these potential transactions can be provided so as not to prejudice any investigations and subsequent recovery action.” owed to 412 unsecured creditors left holding unpaid invoices.

Debt 82
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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

Green buildings are less risky, more profitable, with higher appraised value than conventional buildings that results in higher company creditworthiness, measuring the reduced likelihood of it defaulting on its debt, but today, green building does not receive a commensurate lower interest rate on its debt.

Green 293
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Commercial Debt Collection – How Do I Collect When A Company Owes Me Money?

Construction Law Monitor

The Fair Debt Collection Practices Act protects the consumer, not businesses. Most business think that when an account is overdue, then they call up a debt collection agency and the debt will be collected or its deemed bad debt. You have a pre-debt fact gathering and document filing stage, as the first phase.

Debt 56
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Will Expiring Eviction Moratoriums Spur a Housing Crisis?

Pro Builder

billion in rent debt. But the tens of millions of people potentially caught in a web of home-rental debt and eviction would far exceed the 3.8 The ballooning debt issue for renters is another sign of how Covid-19 is punishing the less well-off far worse than the more affluent. Coronavirus Resources and Information.

Housing 98
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Haydon M&E files administration notice

Construction Enquirer

to creditors at the rate of £200,000 a month starting in November 2022 with suppliers getting at least 80p in the £1 back for their debts. Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts. The CVA deal was designed to distribute at least £7.2m

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Howard Russell Construction goes into administration

Construction Enquirer

Subscribers to the Red Flag Alert service benefit from early warnings about the financial health of companies to help them avoid bad debts. For more information and to benefit from the Enquirer discount click here.

Debt 103