Jon88;2873988 said:
I would sue whoever stiffed me.
You could sue, or better yet slap a mechanics lien on them. The problem with that is, even when you prevail, it takes a couple years, and then they file for bankruptcy anyway.
When you get "stiffed" like that, you need the money NOW!! Not two or three years from now. See, when you run with the big dogs, you get paid as a sub-contractor for "work that is completed". By it's very definition, you send your resources to the project, usually for the period on one month. Then, you submit you invoice for work you've completed. So, a 10 man show and materials for a month cost me about $15,000.00 a month at least. You do that month after month after month after month....................and they pay you .40c on the dollar, or .60c on the dollar.
They got all their "I's" dotted and "T's" crossed, and contest the definition of "complete". You're then caught in this space where, if you leave the project, firstly YOU'RE in violation of contract. Second, you'll NEVER SEE ANOTHER NICKLE from them if you quit. It's a wicked trap that I only got caught in ONCE, but it buried me.
I got off easy. The plumber, electrician, framer and roofer all got stiffed for over $600,000.00. The framing contractor for over 1.3 million! They put four subs completely out of business, the rest of us having to rob Peter to pay Paul to remain solvent.
I'm still in business. Actually, I've got my share of work. Around $400,000.00 worth of contracts. But that's just paying the bills. That's "payroll" money. I've never been able to catch that rabbits tail since 2006.
I thought for sure, given the past years, that I'd be back to even by now at least. But the last three years, that's where this "economy thing" hurt me. Usually, by now, I would've made up that $300,000.00 hit I took. But, it is what it is.
Again, just thank God for what you got....................and that's a lot if you decide to be thankful. Unthankfulness is like a cancer to a mans bones. You could chose to wallow around, look at what everyone else has, and piss and moan about your lot in life if you decide to. Or, you could be thankful and circumspect and again, the "if this is the worst thing that happened to me" thing. There are people dodging bullets in Afganistan, folks sleeping under bridges, and folks on their hands an knees looking for bugs to eat in a lot of places. There are people with a terminally-ill child. Now THAT'S A LIVING HELL!! I wouldn't with THAT on my worst enemy.
My neighbors wife (51 yrs. old) just died on Friday. Mother of five. She had a liver problem caused by Hepititus B or something. The insurance company refused to pay for a liver transplant because they found pot in her system. The say she didn't qualify because of the results of her blood test. Turns out, she was taking a puff or two off of a joint periodically to ease the pain and dementia she was going through. THEN, the insurance company changed their mind two weeks ago and allowed to pay-up for a liver transplant. She goes to the hospital, only to find out that it was a mix-up and the insurance company never actually agreed to pay for it. She died in that hospital one week later................................
Count your blessing.