Best way to recoup loss from contractor?
I am facing a loss of about $10k from an error by my contractor, who has been paid. The engineered wood floor he laid on our below-grade concrete slab floor totally failed three months later. The manufacturer of the product and the engineer's report from our insurance company concurred that it should never have been installed in the first place. So now what? I have little hope of recovering anything from the general contractor or the subcontractor he hired to do the floor. I learned too late that both of their licenses have expired which means they have no insurance. Has anyone had luck with small claims court in a case like this? Can the loss be taken as a tax deduction? And if so, what do I need to do to document the loss?