In early May, we wrote about dealing with debt after a Chapter 13 bankruptcy. We touched on repayment plans and what types of debts cannot be discharged. Another side to such arrangements exist: that of the creditor.
One area where debt could become an issue for someone on the other side of the arrangement is in construction contracts. Sometimes, a construction project is terminated early because of budget reasons or a project is finished, but payment can’t be made due to bankruptcies or other debt issues for the backers.
Nonpayment is only one issue that can bring construction-related companies to court. Other legal issues construction businesses regularly deal with include defects or poor workmanship, defects in the design itself and breaches of contract. Subcontractors may not complete work within the time or budget agreed upon. In some cases, addition work that was not approved is completed and then payment for that work is demanded.
Whether construction issues stem from someone’s failure to pay or from a problem with the work itself, our legal team might be able to help. We represent all types of construction businesses and can work with you to increase the chance of a successful outcome. This is true whether you are dealing with an issue at the negotiation or mediation stages or you are planning to go to trial with an issue.
Construction law can be extremely complex. In addition to specific contractual issues between parties, construction projects must also comply with numerous local, state and federal laws. We can provide comprehensive knowledge regarding overall construction matters to reduce the chance of surprises as a legal case moves forward.