Laval buyers left stranded after real estate developer bankruptcy – .

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Laval buyers left stranded after real estate developer bankruptcy – .


Lisa Alahaydoyan and her husband paid over $ 150,000 to demolish a house in Laval, Quebec, and build their dream home from scratch.
“Our dream, our home, what we have worked for so many years; the promise of a forever home with our children in a perfect place for us, ”she said.

But then it all fell apart and the couple are one of more than 100 people looking for answers after the house-building company they trusted went bankrupt, leaving homes unfinished or even not started.

“Our dreams have just been shattered,” Alahaydoyan said.

Afarin Pouroskouei was supposed to be Alahaydoyan’s neighbor and now she too is being left out.

“It was all the savings from our 10 years of working here in Canada,” she said. “All the savings we have. I don’t have a dime at the moment. “

Now potential neighbors are trying to figure out what to do next, and some fear bankruptcy is part of a bigger plan.

“There’s a lot of information from all these families that indicates that you know, it was probably planned to get as much money as possible from all of these clients,” Alahaydoyan said.

Houses under construction remained unfinished when the company declared bankruptcy. (Valeria Cori-Manocchio / CBC)

Radio-Canada was unable to get in touch with the promoter’s owner, Bel-Habitat Inc., and was instead referred to its insolvency trustee, Raymond Chabot.

A spokesperson for Raymond Chabot said the company is in talks with everyone affected by the bankruptcy and is doing what it can to help them.

As the case progresses, more information will be available later this month, the spokesperson said.

GCR nonprofit offers help

Guarantee of residential construction (GCR), a non-profit organization that administers the guarantee plan for new residential buildings in Quebec, is also monitoring the case.

The organization offers psychological support and has set up a hotline for Bel-Habitat Inc. customers to call if they need help.

GCR can request refunds of up to $ 50,000 when products are not delivered as promised, it says on its website.

Regarding customers like Alahaydoyan, who is also pursuing legal action, the company said that “GCR will set up a specific assistance program for affected buyers.”

“We know how difficult and stressful the current situation is. GCR will protect affected consumers in accordance with the regulation on the warranty plan for new residential buildings, ”he said on the site.

But Pouroskouei wants more to be done and calls on the government to intervene.

She and Alahaydoyan both say they want provincial law changed to prevent such situations from happening to others.

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