Quote:
Originally Posted by R8ers
sad part is the law is on the side of the customer...
A contractor can come in and do excellent work and still not get paid if the homeowner files bankruptcy ... The contractor can't even go back and undo what he done.
I see both sides
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Bankruptcy doesn't typically absolve lien holder's rights. Mechanics Lien's aren't ironclad, but it's a pretty reasonable protection for contractors.
If I needed a customer to pay for materials in advance, I would send them to my supplier with a order # and have them pay the supplier directly. That way at the very least they have the assurance of knowing that the money went to a tangible thing. If I flake out as a contractor, they at least have the materials on hand for the replacement they hire.
As for the risk contractors expose themselves to, it's the nature of the business. At the very least you should have a nose for customers that may be shady and act accordingly.