Posted by Irwin on November 10, 1998 at 19:37:48:
My first reaction is that your friends are probably going to be out the cost of finising the job. They might not have to pay contractors money that the builder is obligated for and for which he’s been paid. This depends entirely on Texas mechanics lien law.
On thing that might possibly help them out is if the builder has posted a performance bond or insurance with the city licensing authorities. Your friends need a lawyer who handles this kind of problem ASAP.