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.