Report Developers In Trouble in Northern Ireland Posted June 7, 2013 If you were a developer who could see the business was about to go under, could you make local business/small contractors you owed money to - secured creditors? That way, they would get a share of the payout when the biz folded and not just the banks (who often had a lot of responsibility for this in the first place). It would give you better local will that you at least tried to get them their dosh. Is that mad or just not practical? Seems fairer.