Pete recalls his most painful memory as a contractor.
Have you ever had the flu? One thing I hate about having the flu is the “chills.” Feeling like you’re freezing to death when you have a fever of 101 degrees F just doesn’t make sense. The fever, chills, stomach and body ache that come with the flu reminds me of the time I did a $60,000 job for a general contractor that was just celebrating its 40th year in business.
When I got the news that the general contractor was filing bankruptcy, I wasn’t too concerned because I would just lien the job and the owner would end up paying me. Then after filing the lien, I received more news. The owner was filing bankruptcy and the bank was preparing to foreclose. Since I was new in the business I thought, “That’s OK. The bank will pay off my lien.”