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Claiming money via small claims but the company may be wrapping up???


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I am in a current situation with a company where they owe me some money and have cancelled a contract with us to complete some work on our property.

 

It is currently going to small claims, but apparantly they are planning to wrap up business.

 

Im now worried I will get none of my money they owe me back.

 

Any advice?

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Hi GM,

 

If your claim has already been made then you will rank with other unsecured creditors in the event of winding up unless you can establish a proprietary claim to the money.

 

There is a chance that if they do not have sufficient money to pay their creditors that you will not get paid. Why do they owe money was it a deposit for work to be carried out?

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