INDIANAPOLIS - Homeowners waiting for repairs from a multi-state agency closing its operations have been promised their hail damage will be fixed.
The owner of Veteran Construction, Michael Friery, said there will be no bankruptcy and he promised to start repair jobs throughout Hamilton, Hancock, Marion and Shelby counties.
Friery has contracts and thousands of dollars in deposits from homeowners who are waiting for hail damage repair work to begin.
"Our company grew too quickly. We experienced a lot of success. We are in our fourth year of business. We are not at all a fly-by-night operation," he said.
Veteran Construction, which had earned several awards from civic groups and Angie's List, closed its doors nearly 2 weeks ago.
The company blamed its attempt to make money in water, fire and mold restoration and remediation for contributing to their financial mess.
Homeowners were unaware of the company’s money problems, but they felt something was wrong.
The Hood family was waiting for the arrival of their shingles. The New Palestine coupled turned over more than $12,700 to Veteran Construction in May.
In Greenfield, the Englehardt family signed their insurance check totaling more than $18,400 in June.
In Brownsburg, the Moore family has yet to see results from the more than $9,400 they spent.
The Woo family of Indianapolis said the company took their deposit of $8,800.
Friery told the Call 6 Investigators that his company was not engaged in any kind of theft or fraud and was not out to get customers.
"I want to apologize for what we've done. We want to get it right. We are trying to correct it. That's the main thing," he said.
Friery has set up a hotline to ensure customer concerns are handled quickly. He said he has hired other contractors to complete outstanding jobs.
The company’s hotline number to call is 317-268-8382.
Friery said about 70 homeowners will be offered a new date to start the work using other contractors, but no refunds will be made.
Some homeowners said they will reject the offer and sue, but others were considering the plan.