Company bankrupt.

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Company bankrupt.

by Goudy09 » Wed Aug 03, 2016 11:01 am

Dear all,

A purely hypothetical question so as I am forearmed....

I am looking at having a swimming pool installed early next year. I have settled on a company and am beginning 'due diligence' on them eg. SIRET numbers, references etc.

If I go ahead with the company they have advised that following a 10% deposit (now) I will be required to pay a further 50% 4 weeks before the installation starts a further 30% when the build starts and the last 10% upon completion and when totally satisfied.
This seems to be about the norm for swimming pool companies from what I have seen.

My question relates to any French consumer law protection that I am afforded should the company go 'bust' at a time when they could have 60% - 90% of my money and I have no pool.
Could I recover my money ? Would there be any redress ?

I stress this is a purely hypothetical question as there is nothing that I have seen so far to indicate the company is in trouble but was just after some reassurance around any protection or compensation schemes.

Thank you in anticipation,

Regards,

Goudy09
Goudy09
 
Posts: 73
Joined: Tue Jul 28, 2009 8:28 pm

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