Some Beacon Homes customers and subcontractors are considering trying to push the builder into involuntary bankruptcy to get back money they say they are owed.
"It's very real," said Roger Biver, one of several Beacon Homes customers forming a support group. "There are a lot of angry people out there. . . . I think there's a good chance we might force (the company) into involuntary bankruptcy."
The idea is one of many that will be discussed Thursday night at the support group's first meeting. The meeting will be at 6 p.m. at the Pasco County Library's Hudson branch on Fivay Road.
To force Beacon Homes into bankruptcy would be uncommon, but not too difficult.
Three creditors can force a debtor into involuntary bankruptcy if they are owed a total of more than $5,000 that is not in dispute and if there are more than 12 creditors altogether, among other things.
"If we were to do that it would move this away from Pasco and Hernando counties and into federal bankruptcy court," Biver said. "There, (the company) would have to disclose all of his assets and liabilities."
Beacon Homes owner Clyde Hoeldtke Jr. announced in March that he was going out of business in Florida after struggling with financial problems that left at least 40 customers' homes unfinished. He is building homes in Colorado.
The Pasco County Sheriff's Office is investigating Beacon Homes, and last month the county code enforcement board disciplined Hoeldtke for abandoning homes. The code enforcement board will meet at 9 a.m. today in Dade City to consider additional charges against the builder.
Biver and others in the Millwood Village area of Hoeldtke's signature Beacon Woods subdivision began forming the support group earlier this month.
Beacon Homes customers attending the meeting will each be asked to tell their stories, and they will discuss ways of getting money they're owed, Biver said.
For information, call Biver at 868-6633.
_ Staff writer Teresa Burney contributed to this story.