Cruel bid to snatch tradie's cash
A BUNDABERG tradie, who forced Coral Coast Homes to pay his bills when he took the building company to a tribunal, has been ordered by the company's liquidators to return the cash.
At first Kevin Bragg (pictured, right) thought a demand to hand back $12,000 was just a joke - but soon it became obvious that the letter from liquidator SV Partners was no laughing matter.
Mr Bragg, director of bricklaying company Brickfred, went to the Commercial and Consumer Tribunal in March to recover more than $12,000 in unpaid bills from Coral Coast Homes.
The ruling was made in the nick of time - Mr Bragg had received nearly all of his money back by the time the company went under in June, owing more than $1 million to about 100 creditors.
“I thought I was one of the lucky ones, that I got in just in time,” Mr Bragg said.
But that win turned sour when Coral Coast Homes liquidator SV Partners demanded all of the money back - saying Mr Bragg should never have been paid the cash he was owed in the first place.
“They're saying I should have known that (Coral Coast Homes) was insolvent, so I have to pay back the money,” Mr Bragg said.