Anyway the premise is my dad (66) is saying that donald trump before he ran for president way back in the day when he was building the NY skyline was a known crook because he refused to pay some of his contractors and that it hurt a lot of families. Can this be refuted? I know he filed for bankruptcies and what not but what is the counterpoint to this line of thinking? Did it really happen and why? Regardless thats not who he is today but my dad is saying that this stuff was known before he was president and thats why alot of people dont like him still and have a hard time getting on board. Im so close to flipping my pops in fact i already think its happened, but this is one point that he loves to stick to. Hope yall are having a good day o7
Having some real conbos with my father and i have a question that i think yoi guys can help me with:
When a contractor is not paid the contractor files a mechanics lien. They don't "sue"
The mechanics lien is in place and can be foreclosed upon but any federal or state lien will take precedence.
If Trump filed bankruptcy they probably took the property and sold it and all liens were paid. Any deficiency funds were likely never sought after but that can only be guessed.
Can such be done easily outside of UCC? Going through the court system itself outside of UCC may be very cumbersome.
But indeed, a lien would be much more probable, and should be visible within the financing statement database. Trump's name would turn up.
Which law prevents unpaid contractors from suing for breach of contract?
Or, do you mean that in general subcontractors don’t sue?
You said contractors sue. They don't. They file liens.
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