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Newcastle builder Ben Geary, of BJG Builders, declared bankrupt amid calls for more protection for homeowners – Newcastle Herald

A NEWCASTLE builder accused of leaving five Hunter families out of pocket and with unfinished or ‘defect-riddled’ homes has been declared bankrupt. Ben Geary, of BJG Builders, filed for bankruptcy just days after Charlestown MP Jodie Harrison launched a scathing attack on him using parliamentary privilege in November. Ms Harrison said Mr Geary, of Lake Macquarie, had left a string of defective work, failed to comply with rectification orders and placed “enormous pressure” and “financial strain” on his clients. She urged the government to “create the necessary protections” so homeowners can undertake the “big financial commitment” of building or renovating their homes “in good faith”. “With so much at stake, it is important that regulat…

Read the full article at: https://www.newcastleherald.com.au/story/7092058/builders-bankruptcy-to-hammer-creditors/

Category: BankruptcyBy Insolvency Advisory AccountantsJanuary 25, 2021

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Newcastle builder Ben Geary, of BJG Builders, declared bankrupt amid calls for more protection for homeowners – Newcastle Herald

A NEWCASTLE builder accused of leaving five Hunter families out of pocket and with unfinished or ‘defect-riddled’ homes has been declared bankrupt. Ben Geary, of BJG Builders, filed for bankruptcy just days after Charlestown MP Jodie Harrison launched a scathing attack on him using parliamentary privilege in November. Ms Harrison said Mr Geary, of Lake Macquarie, had left a string of defective work, failed to comply with rectification orders and placed “enormous pressure” and “financial strain” on his clients. She urged the government to “create the necessary protections” so homeowners can undertake the “big financial commitment” of building or renovating their homes “in good faith”. “With so much at stake, it is important that regulat…

Read the full article at: https://www.newcastleherald.com.au/story/7092058/newcastle-builders-bankruptcy-to-hammer-creditors/?cs=7573

Category: BankruptcyBy Insolvency Advisory AccountantsJanuary 22, 2021

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Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
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Case note | Director's personal liability for insolvent trading – Lander & Rogers
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Newcastle builder Ben Geary, of BJG Builders, declared bankrupt amid calls for more protection for homeowners – Newcastle Herald

A NEWCASTLE builder accused of leaving five Hunter families out of pocket and with unfinished or ‘defect-riddled’ homes has been declared bankrupt. Ben Geary, of BJG Builders, filed for bankruptcy just days after Charlestown MP Jodie Harrison launched a scathing attack on him using parliamentary privilege in November. Ms Harrison said Mr Geary, of Lake Macquarie, had left a string of defective work, failed to comply with rectification orders and placed “enormous pressure” and “financial strain” on his clients. She urged the government to “create the necessary protections” so homeowners can undertake the “big financial commitment” of building or renovating their homes “in good faith”. “With so much at stake, it is important that regulat…

Read the full article at: https://www.newcastleherald.com.au/story/7092058/builders-bankruptcy-to-hammer-creditors/?cs=12

Category: BankruptcyBy Insolvency Advisory AccountantsJanuary 22, 2021

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July 17, 2024
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Law reform to lift stigma from bankruptcy, deliver fairer system – The Mandarin
July 17, 2024
How the new $20,000 personal bankruptcy threshold could affect SME directors – SmartCompany
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Australia AGD Moves to Reform Bankruptcy Law – Regulation Asia
July 17, 2024
Case note | Director's personal liability for insolvent trading – Lander & Rogers
July 17, 2024
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