another non payment

[dmat2391]

In response to another thread about times being tough. I've just copped another builder go broke on me and I've just lost another $40 000. That brings the total to $187 000 of bankruptcy losses for this financial year. Somehow we as a nation are allowing these thieves to get away with it with just a hearty slap on the wrist for being so very naughty with other peoples money. Then off they go to start a new company to go through the motions again.
If we're serious about maintaining growth in this country we could do a lot better if
1) I as a building contractor can at least demand a deposit for materials upfront

2)Take the developer to court for my materials back at least. They sign these clowns on and should know if the builder is finacial or not, since they have to have bank guarantees and what not.

I'm copping it on the chin and can't windge to much becasue a lot of other people are doing it worse than me. I've got no debt to worry about, but dang it still hurts

rant off