Ask a Question

Get a Quote

Q: How can you be sure a contractor is in good financial condition (i.e. not about to go bankrupt)?

Unfortunately, facts are facts: we are in a tough economic time and small businesses are failing everywhere. I'm about to do some work on my house. I want to make very sure that my contractor is in good financial shape and is not about to go bankrupt. ...I had a neighbor who's contractor went belly up. Needless to say, it was a mess. I don't mean to be insensitive. I know it's a tough time out there. But, I need to look out for my own financial investments in my house. Any tips on how to best check this out or how to mitigate this risk? Thanks.

Posted in Other Remodels on

financial condition contractors bankrupt risk Flag / Report


  • A: Financial conditions of contractors



    You might request credit references.

    Rating: 2
    Flag / Report

  • Answer This Question


    Create a profile or
    Login to take credit!
    Dec 1, 2020

    A: