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Guest Pelfreybilt Liquidation

Ch. 7 Bankruptcy Filed 9/6/18

Discussion in 'Pelfreybilt Off-Road' started by T4RFTMFW, Sep 8, 2018.

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  1. Sep 8, 2018 at 6:03 PM
    #101
    MESO

    #101
    MESO Major Modder Vendor

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    Right? Blaming all the customers who, if would’ve just have some clearer answers ...maybe it would have came down differently.
     
    MESO, Sep 8, 2018
    #101
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  2. Sep 8, 2018 at 6:03 PM
    #102
    Manwithoutaplan

    #102
    Manwithoutaplan the full Monty

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    wow :popcorn:
     
    Manwithoutaplan, Sep 8, 2018
    #102
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  3. Sep 8, 2018 at 6:05 PM
    #103
    CO MTN Steve

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    CO MTN Steve Well-Known Member

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    Just wait for someone to post the serial# of your cell phone on here:D
     
    CO MTN Steve, Sep 8, 2018
    #103
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  4. Sep 8, 2018 at 6:06 PM
    #104
    Lord Helmet

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    Lord Helmet Prepare To Attack

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    I blame you Joe @Blackout14 for wanted a military trailer now :D
     
    Lord Helmet, Sep 8, 2018
    #104
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  5. Sep 8, 2018 at 6:07 PM
    #105
    Superman910

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    Superman910 Epic Dirty

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    Fact is they knew what they were doing.....the put out the release on the 31st, and filed on the 6th. The process was in motion...they specifically listed every customer on the bankruptcy filing to protect themselves. What they weren't counting on was the PayPal and credit disputes that they got hammered with. Now the bank and PayPal will be filing to get their pound of flesh versus those of us who got screwed over...

    The people who got baited into paying cash or check will have a really hard time cause I am pretty sure they have to show up to court or file as part of the claim and hope there is enough money left over to get made somewhat whole.

    I am not anywhere fully smart on this, but I have had some experience with family members failed business
     
    Superman910, Sep 8, 2018
    #105
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  6. Sep 8, 2018 at 6:07 PM
    #106
    IowaTaco

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    IowaTaco Well-Known Member

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    Just think if they would've talked to the mods to explain shit and they could tell everyone not to worry
     
    IowaTaco, Sep 8, 2018
    #106
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  7. Sep 8, 2018 at 6:09 PM
    #107
    JimboAnz

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    JimboAnz #OldNorm

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    Typical snowflake response. Blame others for your own shortcomings.
     
    JimboAnz, Sep 8, 2018
    #107
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  8. Sep 8, 2018 at 6:10 PM
    #108
    Rome604

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    Rome604 I am the Captain now

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    Pelfreyresponse.jpg
     
    Rome604, Sep 8, 2018
    #108
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  9. Sep 8, 2018 at 6:10 PM
    #109
    Rome604

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    Rome604 I am the Captain now

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    Now they are picking fights on facebook
     
    Rome604, Sep 8, 2018
    #109
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  10. Sep 8, 2018 at 6:10 PM
    #110
    drewhaus

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    drewhaus Well-Known Member

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    No wonder they’re bankrupt, some real leadership issues there.
     
    drewhaus, Sep 8, 2018
    #110
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  11. Sep 8, 2018 at 6:11 PM
    #111
    TWTaco

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    I am so glad i payed with my CC, they pushed me hard to pay with cash , makes sense now!
     
    TWTaco, Sep 8, 2018
    #111
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  12. Sep 8, 2018 at 6:11 PM
    #112
    the.sight.picture

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    the.sight.picture Wishes he was in the woods.

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    Screenshot_20180908-210352_Samsung Internet.jpg
    Screenshot_20180908-210406_Samsung Internet.jpg
     
    the.sight.picture, Sep 8, 2018
    #112
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  13. Sep 8, 2018 at 6:11 PM
    #113
    pinem56

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    pinem56 Well-Known Member

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    I'll repost this post from Mike O on the Information Release thread that got locked:

    So reading between the lines, it appears they burned through millions of dollars of others people's money, then had nothing to show for it, and then those other people said "liquidate". End of story. It is interesting that the friend posting on the 4Runner forum refers to Elon Musk as some sort of role model for running a business. There couldn't be a worse role model for business than Elon Musk, that guy is the second coming of P.T. Barnum.
     
    pinem56, Sep 8, 2018
    #113
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  14. Sep 8, 2018 at 6:11 PM
    #114
    TLA

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    TLA Well-Known Member

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    Lots
    Yup. The minute they filed bankruptcy an automatic stay went into affect preventing any creditors from taking further action to pursue collections. Tyler previously filed for Chapter 7 in 2001 and Satin filed for Chapter 7 in 2009. No creditors received a dime in either instance. They know what they are doing here.
     
    TLA, Sep 8, 2018
    #114
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  15. Sep 8, 2018 at 6:11 PM
    #115
    Cody23

    #115
    Cody23 Well-Known Member

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    Cody23, Sep 8, 2018
    #115
  16. Sep 8, 2018 at 6:11 PM
    #116
    TACORIDER

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    TACORIDER Just another statistic

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    I'm that guy and I'm right here. I can see where all the refunds and PayPal scared investors away but there are 3 sides to a story
    Person 1
    Person 2
    The truth

    We don't know the real truth or if investors were scared or not. Everything that happened sucks and unfortunate for all those people that lost money. They lost it all but what they are doing is totally legal with their bankruptcy. Maybe we should be a little more upset at the legal side of it?

    Still sucks though

    Again not saying its right
     
    Last edited: Sep 8, 2018
    TACORIDER, Sep 8, 2018
    #116
  17. Sep 8, 2018 at 6:12 PM
    #117
    Lord Helmet

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    Lord Helmet Prepare To Attack

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    I found your cell #867-5309 Tyler @Larry Dangerfield :D
     
    Lord Helmet, Sep 8, 2018
    #117
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  18. Sep 8, 2018 at 6:12 PM
    #118
    kakwvu

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    kakwvu Almost Heaven

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    They lost everyone’s money and held off everyone from filing disputes so they could file bankruptcy. Classless blaming customers.
     
    kakwvu, Sep 8, 2018
    #118
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  19. Sep 8, 2018 at 6:15 PM
    #119
    PeeDeeTaco

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    PeeDeeTaco Custom Title

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    They blamed their customers for their lack of transparency and communication. Holy shit.
     
    PeeDeeTaco, Sep 8, 2018
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  20. Sep 8, 2018 at 6:17 PM
    #120
    TACORIDER

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    TACORIDER Just another statistic

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    Read ch 7 bankruptcy, what their doing is legal. I did not say it was right so that makes me an idiot because I understand the law?
     
    TACORIDER, Sep 8, 2018
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