Can You Pursue a San Diego Construction Defect Case if the Builder is Bankrupt?
Found a construction defect? Act right away. Go talk to your builder/developer and let them know the issue you found. Now, after you contact the developer/builder, he/she may give you a hard time and not want to pay. Or, he/she may say he has no money or is no longer in business.
This is horrible news to hear. You want your construction defect fixed, but how? In many cases, you can still pursue a construction defect claim even if your developer/builder is bankrupt or out of business.
If the builder/developer had general liability insurance (and all legit contractors do), the insurance carrier is obligated to defend your construction defect claim. It’s not uncommon for insurance carriers to pay construction defect damages to resolve a claim, even if the builder is bankrupt or out of business.
The construction defect process may be long and tough, but it is still possible to obtain compensation for your construction defect despite the financial state of the developer/builder’s business.
Our San Diego law firm will work hard to make sure you get monetary relief from the construction defect left behind from your builder/contractor. You should not have to pay for their mistakes. We have more than 35 years of experience in construction defect experience in California. We can handle significant construction cases with complex insurance issues, including bankruptcy of the builder and exhaustion of insurance.
Our Law Firm represents homeowner associations, high/mid-rise condominium and condominium conversion associations, single and multifamily residential homes and commercial property owners in construction defect litigation. Please contact us to set up a consultation.
If you need more information on construction defects, visit our construction defect litigation page. To contact us, call 844-492-7474 or visit our San Diego construction defect contact page.
We also practice Los Angeles construction defect litigation, Orange County construction defect litigation, Riverside construction defect litigation, and San Bernardino construction defect litigation.