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Assault and threat claims follow Watersun Homes collapse

The wife of Watersun Homes director Gary John Caulfield has been assaulted in front of their children, as the fallout from the budget builder's collapse continues to unfold. 

Industry insiders claim Mr Caulfield and his wife, Lisa Caulfield, were the target of a recent assault at their Williamstown home.

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It is believed the alleged attack was linked to the news the Victorian arm of Watersun Homes, WSH Group, had gone into administration owing hundreds of creditors debts totalling about $20 million.

Fairfax Media spoke to Mrs Caulfield outside the family's home on The Strand in Williamstown last week.

She had a plaster cast on her right arm.

While Mrs Caulfield would not comment about the circumstances of the alleged attack, she confirmed an assault had occurred.

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"I have been a victim of an assault in front of my children and now I have you guys turning up in front of my house," Mrs Caulfield said.

Her husband has not returned calls for comment in recent weeks.

Mr Caulfield and the second director, accountant Tanya Lewis, have also shunned creditors meetings, citing personal safety issues.

In a creditors meeting on March 10, a statement was read out on their behalf, saying that "due to the several threats we have received we felt it would be better that this statement be read out at the meeting rather than attending in person".

Phone numbers associated with Mr Caulfield have been switched off or disconnected, while Ms Lewis, who has been working out of an Ascot Vale financial planner, has not responded to messages.

More than 800 individuals and companies have been left out of pocket by the collapse of WSH Group, including homeowners in the midst of building with Watersun, 90 former employees and hundreds of trade contractors.

The Australian Taxation Office claims to be owed around $484,000, and Bunnings is claiming $267,000 – but most of the companies with outstanding debts are smaller businesses.

In their statement to creditors in March, Mr Caulfield and Ms Lewis said they had explored all avenues to avoid liquidation, including a sale to a major home builder.

"We regret the impact the administration of WSH Group Pty Ltd, which formally traded as Watersun Homes, has had on homeowners, employees and creditors and they are working with the administrators to achieve the best possible outcome," the statement said.

However, in recent weeks Fairfax Media has revealed that WSH Group could have been trading insolvent for more than a year before its collapse.

It could have been bankrupt from at least December 2015 – about six months before it started receiving demands for payments of unpaid debts, according to administrators.

The liquidator also believe that more than $3.6 million in payments were made by WSH Group to other companies related to the directors, in the months before it was placed into administration.

The investigation into these transfers is ongoing.