Hi ,
Hired builder(with Insurance) to build house , unfortunately after house built water leaked into house and caused damage. Notified builders Insurance company of damage and Tried to get builder to fix , builder gone bankrupt. Went after builders Insurance Company to cover cost of Damage but Insurance Company wont deal with the Claim as builder (even though Bankrupt) wont give permission for Insurance Company to progress as builder said he will fix damage .
Seems a bit of a cop out but is there any point going after the Insurance Company.
Regards,Jumper 1
Hi , Dont believe builder is officially bankrupt but as good as , builders subcontractors are calling at my house looking for money or builders home address as they have not been paid for a number of months . Builder has not submitted Accounts for 2 years and previous accounts submitted said that builder has no money. I would believe builder is at least insolvent.
Bankruptcy in Ireland does not work quite like that.
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