{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Deconstruction Podcast","title":"When a Contractor Goes Under: Liens, Prompt Payment, and Protecting Your Receivables","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/c174241c\"></iframe>","width":"100%","height":180,"duration":2435,"description":"A Toronto restoration contractor defaulted on nearly $28 million, and more than 140 subtrades were still on its projects. If you're a subtrade waiting 60 days on an invoice, the question is simple: what happens to your money when the company above you can't pay?\nKosta and Johny break down the Brook Restoration receivership and what it means for anyone working under a GC. Johny explains why staying on your receivables from day 31 matters more than any contract clause, how lien deadlines actually work in Ontario, why a sloppy invoice hands the GC an easy excuse to stall, and why his crews don't move without a signed purchase order.\nEvery protection they talk about comes back to paperwork: proper invoices sent on time, signed change orders, and daily logs with photos. Jobtable keeps all of it attached to the job, so the record is there if you ever need it.\n👉 Learn more at https://www.jobtable.com\nNew episodes every week. Subscribe so you don't miss one.\n00:00 – New in Jobtable: bill expenses as line items, one-click invoicing\n04:05 – Brook Restoration's $28M default and 140+ subtrades\n06:33 – Warning signs, bonding, and staying on your receivables\n11:45 – Liens, lien deadlines, and Ontario's prompt payment rules\n20:10 – Proper invoices and the carbon-copy problem\n24:29 – When a new contractor takes over mid-project\n26:03 – Quick-pay terms and why diversifying is harder at scale\n32:41 – Paper trails, daily logs, and no work without a signature","thumbnail_url":"https://img.transistorcdn.com/NRIRkEhfRzHNOwL-y_cm1s1WWCm9myw4SkOvnImVny4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8wY2E2/YmRlMWQzYWU5MWZk/YjNiMTc0MjcyNDYz/YTg0My5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}