Legal Question in Construction Law in California

Filing against a contractors bond

Our comapny is located in Southern California and we are a material supplier in which a conatractor owes us about $800,000.00. Can we file against his contractors bond for payment?


Asked on 2/02/09, 5:03 pm

4 Answers from Attorneys

Daniel Bakondi The Law Office of Daniel Bakondi

Re: Filing against a contractors bond

Yes you can make a claim on the bond, and you might also want to consider having an attorney send him a letter, and consider suing him. Let me know if you want my help.

Best,

Daniel Bakondi, Esq.

IMPORTANT:

No attorney-client nor confidential relationship is created through this communication. You may not rely in any way on this communication, and nothing herein constitutes legal advice nor legal opinion. Your issue may be time sensitive and may result in loss of rights if you do not obtain an attorney immediately.

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Answered on 2/02/09, 5:12 pm
George Moschopoulos The Law Office of George Moschopoulos

Re: Filing against a contractors bond

A contractor's bond is generally only for $12,500 since that is the minimum they are required to carry. You should consider filing a lien against the property or properties for which the materials were supplied assuming you have filed preliminary lien notices. If you have not, even though lien rights are very time sensitive, it may not be too late. There are also a host of other remedies at your disposal, but you need to act sooner rather than later especially in light of the economic environment surrounding construction.

If you would like a free consultation, feel free to contact us.

www.SoCalConstructionLaw.com

714.904.1669

George M.

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Answered on 2/02/09, 5:16 pm
Terry A. Nelson Nelson & Lawless

Re: Filing against a contractors bond

Sure, for all of what, $2,500 to $25,000 or so max? File your lawsuit sooner, rather than later, if you want to get ahead of other creditors seeking judgment and collection, before he goes BK. Feel free to contact me if serious about getting legal help in filing.

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Answered on 2/02/09, 5:37 pm
Scott Linden Scott H. Linden, Esq.

Re: Filing against a contractors bond

I agree with co-counsel. Your better bet is to fie a lawsuit now and place a lien against the property where the material was installed.

Also, contact the contractors state licensing board.

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Answered on 2/02/09, 8:20 pm


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