The Three-Year Delay
ClientBuilding company
Recovered$9,200
DurationResolved with interest and recovery costs
Full recovery of the overdue amount plus interest and recovery costs despite three years of non-payment and late defect claims.
The Situation
A building company completed renovations on a rental unit for a property investor. The investor withheld the final payment for over three years. When pressed for payment, the investor suddenly claimed there were defects - such as mould and cracks - that had allegedly appeared years after the work was finished, using this as a reason not to pay.
The Outcome
We helped the builder navigate these defect claims. We successfully recovered the full overdue amount of approximately $9,200 as well as interest and recovery costs.