Attorney with Prior 203K Loan Experience
We entered into an agreement with a contractor and he is looking to walk away before the work is completed. I am looking to consult an attorney with prior 203K loan breach experience. I would also appreciate any suggestions anyone can offer on this. Thanks.
right32
in Lawyers and legal service 13 years and 9 months ago
2
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vthatcher | 13 years and 9 months ago
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Has he been paid to complete the work or is he being paid after completion in phases?
bullfrog | 13 years and 9 months ago
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We do alot of 203k projects and unless the loan was incorrectly structured or the bid was way too low I can’t see why the contractor would walk away. I don’t think that this situation comes up enough where there would be an attorney that has handled too many of these. Any attorney that can handle a contract dispute should be able to handle this. You should also speak to the bank that is financing your project and see what they recommend.