Ok I thought that may have happened. We were just wondering if you could advise on the wording for the beginning of the letter and how we position it. We are intending to give to builder tomorrow evening at a meeting. Costs including the £7500 are up at £38,461. This is for work that he has been paid for to finish the build but is now unable to do so as he has no money. Also what if he has no assets in the company? What can we sue for? Is his house able to go in the assets (joint with his wife)? He is trying to sell it at the moment.
OK but can you help with the wording of the letter and positioning of it?
One idea we have is to have a letter drawn up with the monies owed and that when he sells his house he aggress to pay us that amount from the equity of his house. His wife would need to sign as well. If we all signed would that stand up in court or what do we need to do to get a letter of agreement to work in court.