Does Repossession ruin a business?? What happens in Nevada?

melissa g

New member
If you are a contractor in Nevada and have some of your fleet repossessed what happens? Do you lose your license? Does the creditor sue you? Is your life as a Sub contractor ruined??
 
Repossession does not ruin your business. Ruining your business causes repossession. The creditor most likely WILL sue you. Your reputation is trashed. If YOU were a general contractor, and had a choice, would YOU hire a sub contractor that didn't pay their bills?
 
Repossession does not ruin your business. Ruining your business causes repossession. The creditor most likely WILL sue you. Your reputation is trashed. If YOU were a general contractor, and had a choice, would YOU hire a sub contractor that didn't pay their bills?
 
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