Builder bankrupt - about to lose £7000!

dakirk

phew! quick, buy a lottery ticket

jockettuk

thank the builder even though he is the one going bankrupt deserves a thank you .. he didnt need to ring and tell you to cancel the cheque.. not all builders would do that..

JWM

Thats great news - I was worried for you. But as has been said - well done to the Builder too - he didn't have to call you.

oldandhappy

What a happy ending for you. The builder was fair so he will sleep better also..

Biddyrolo

Really pleased for you. x

ts_aly2000

I think I'd probably use this builder to do the work anyway.. Honesty is priceless.

gamma

yeah let him do the work anyway under his new company as a sole trader - atleast you can trust him - just make sure you buy all the material yourself!

trickytrolleys

Great news!! I read thinking "Oh no" - glad to see you were alright !!

Poppycat

Phew lucky escape. I suppose you got to give credit to builder at least he did let you no, it must of took some guts to tell you, I bet many wouldnt.

moggsy

Thanks for all the kind comments - we are extremely relieved to get the money back!:D

Yeh, the builder has been very honest about the whole thing and was really happy that I got the money back. He actually has got another company (here's one I prepared earlier style!) and does still want to do the work. He's even offered us a discount due to the stress we've been through and said we can weight the payments towards the end of the job and pay less up front to make us feel more comfortable.

He's also gone into detail about the cause of the liquidation of his company and it sounds as if it wasn't completely his fault.

The only reason we are hesitant is because if he starts the job, takes our roof off and then gets into financial difficulty again then we'd be in the position of trying to find a builder to finish the job.

What would you do? Opinions welcome...