Hello
Last year, we signed a contract with a prefabricated house company (H....o). Building permit / land survey were all completed, but unfortunately in spring we were informed that the company went bankrupt, and there will be no investor. So, the €12,000 (approx. $12,000) deposit is lost for now...
The consultant, who no longer works at that company either (the company was dissolved), has now offered us to continue with Bärenhaus. This means the plan can be retained and construction would continue directly. Additional costs of €6,000 (approx. $6,000) apply because prices in 2015 are different from 2014... which is reasonable, plus of course the €12,000 (approx. $12,000) deposit loss that we won’t get back.
The production facility and subcontractors are also the same, so no differences in quality. We wouldn’t have to pay any advance payments; payment would be made only after completion of milestones – which is very important to us now.
We are very afraid of getting burned again. Is there anything else we should consider? I assume looking for a completely different company now would be even more expensive.
Last year, we signed a contract with a prefabricated house company (H....o). Building permit / land survey were all completed, but unfortunately in spring we were informed that the company went bankrupt, and there will be no investor. So, the €12,000 (approx. $12,000) deposit is lost for now...
The consultant, who no longer works at that company either (the company was dissolved), has now offered us to continue with Bärenhaus. This means the plan can be retained and construction would continue directly. Additional costs of €6,000 (approx. $6,000) apply because prices in 2015 are different from 2014... which is reasonable, plus of course the €12,000 (approx. $12,000) deposit loss that we won’t get back.
The production facility and subcontractors are also the same, so no differences in quality. We wouldn’t have to pay any advance payments; payment would be made only after completion of milestones – which is very important to us now.
We are very afraid of getting burned again. Is there anything else we should consider? I assume looking for a completely different company now would be even more expensive.
Bauexperte schrieb:
This also means that you are still bound by your original construction contract!Is this the new company for the previously agreed scope of work and price as well?
Bauexperte schrieb:
die Hanlo u.a. übernommenIn fact, many articles online suggest that the construction projects are intended to continue. However, Pompeya has not been active since the post was made and may not have read the recent posts yet.
I wouldn't give up just yet, even though at least part of the quantity might be lost. I read something about a minimum quota of 20%, although I am not very familiar with insolvency proceedings in Austria.