WebDec 2, 2024 · Blalock Homes states in their bankruptcy filing that they owe $1.2 million to creditors — most of which is owed to general contractors, subcontractors, and suppliers, according to the home builder’s list of unsecured creditors. At the time of their bankruptcy filing, Blalock Homes reported having: Between January 1, 2024 and the bankruptcy ... WebJun 7, 2024 · Katerra Construction, LLC filed for Chapter 11 bankruptcy on June 6, 2024, hoping to restructure its operations during a period of significant financial and legal setbacks.. This news followed an announcement by the company to its employees on June 1, 2024, stating after over a year of significant operational issues for the offsite …
Top 20 Construction Projects Affected by the Katerra Bankruptcy ...
WebJan 13, 2024 · Germany-based Lloyd Werft, dating back more than 200 years and builder of the world’s largest megayachts, has filed for insolvency. The filing took place on January 10. The news is not entirely unexpected, though. Last February, speculation centered on Solaris being the shipyard’s last superyacht delivery. WebMay 17, 2024 · Bankruptcy documents reveal that with assets of less than $100,000, J&R Homes owed between $1-10 million to a large number of contractors, suppliers, and … don jediondo dia
Our Builder Went Bankrupt After Constructing Our Home.
WebApr 13, 2024 · But industry insiders say the $2.5 billion support package has overstimulated the industry and pushed builders to the brink. The construction industry bankruptcy rate … WebDec 17, 2024 · New home nightmare: Families stuck with massive bills & unfinished homes after local builder closes. A home builder unexpectedly goes out of business leaving homeowners with questions, unpaid bills from subcontractors, and uncertainty surrounding the construction of their homes. By: Mallory Sofastaii. Posted at 9:08 AM, Dec 17, 2024. WebJul 27, 2024 · Neumann Homes' 2007 collapse shows how homeowners suffer when builders go bankrupt. When Neumann Homes sought Chapter 11 bankruptcy protection, … r3 mink\u0027s