"As debt-ridden Scottsdale home builder Hacienda Builders faces one creditor lawsuit after another, the company's top executives continue to do business under a new name, Encanta Construction.
Hacienda Builders' Web site home page displays only the brief message, 'Due to economic conditions, Hacienda Builders has ceased day-to-day operations,' along with an e-mail address to request information about its subcontractors.
Hacienda, a 17-year-old company involved in the West Valley master-planned communities Tartesso and Verrado, did not pay the renewal fee for its contractor's license, which expired in September."
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Indebted builders start new company
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