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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 6:50 PM
    #201
    T4RFTMFW

    T4RFTMFW [OP] Well-Known Member

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    They sold a lot of parts for a lot of money, actually.
     
    NateMob, DrFunker, SC2SC and 4 others like this.
  2. Sep 8, 2018 at 6:51 PM
    #202
    The Real Moondog

    The Real Moondog Well-Known Member

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    I’m sorry to hear this. Maybe PP will come through for you. Given that you ordered so recently and they have already filed Ch. 7 it makes me hunk all this investor stuff was nothing but garbage. Someone doesn’t just file a 77 page document listing a bazillion creditors over night. This is straight up garbage. This has been in the works for a while.
     
    Fleabag, HerT4R, xxTacocaTxx and 7 others like this.
  3. Sep 8, 2018 at 6:51 PM
    #203
    MESO

    MESO Major Modder Vendor

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    I wasn’t gud in school but I see a pattern..
     
  4. Sep 8, 2018 at 6:51 PM
    #204
    mwc273

    mwc273 Nothing is as it seems.

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    @TLA just confirmed that I am individually listed as a "creditor" in the proceedings.

    #pelfreybilkedfamily
     
  5. Sep 8, 2018 at 6:52 PM
    #205
    SoJersey

    SoJersey South Jersey Defense

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    Pelfrey Armor Baja Designs Lights 6112/Camburg/Dakar Suspension Method Wheels / BFG KO2 ARE Z-Series More coming soon...
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    :burnrubber:
     
  6. Sep 8, 2018 at 6:52 PM
    #206
    TWTaco

    TWTaco Well-Known Member

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    Thats it i am burning all my Pelfreybilt gear
    Yeah looks like they are real Pro's at this Bankruptcy game!
     
    HerT4R, mctechhweng, BVita and 4 others like this.
  7. Sep 8, 2018 at 6:53 PM
    #207
    Rome604

    Rome604 I am the Captain now

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    All Pro at this......
     
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  8. Sep 8, 2018 at 6:53 PM
    #208
    ColoradoTJ

    ColoradoTJ Retired cat herder Moderator

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  9. Sep 8, 2018 at 6:53 PM
    #209
    tetten

    tetten Cynical Twat Waffle

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    :rofl: I've got their front bumper, rear bumper and sliders.... And have had my truck on their IG account multiple times. It is what it is.... Think of it more like... we've got exclusive parts now, no more will be made!
     
  10. Sep 8, 2018 at 6:54 PM
    #210
    Willbeck

    Willbeck Well-Known Member

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    I’m only out $1000, but I paid in cash. You may have a better chance since you used PayPal.
     
    DoorDing likes this.
  11. Sep 8, 2018 at 6:54 PM
    #211
    DirtBound

    DirtBound Member

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    I have a feeling the personal chapter 7 is due to the fact that they have personally guaranteed corporate obligations. My shop is also a Corporation and every loan that we have for the business is also personally guaranteed by myself. So I can see why they would take that path as filing a corporate bankruptcy would in theory just make the creditors go after them directly. I feel that if they were truly looking to get investors, it would have been best for them to not have posted anything at all about the company and the sounds that they shut down operations over a week ago it sounds like just smells fishy. I am wondering if they knew they were going to file chapter 7, and tried to hold back the flood of chargebacks and disputes for as long as possible...

    It seems like they grew too fast and the bubble popped, this has been a tough year for a lot of smaller shops due to slower sales and higher costs.

    I hope that as many of you as possible get your money back, as that is a very bad situation to be in.
     
  12. Sep 8, 2018 at 6:54 PM
    #212
    Rattletrap66

    Rattletrap66 (ノಠ益ಠ)ノ彡┻━┻

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    :wave:
     
  13. Sep 8, 2018 at 6:55 PM
    #213
    Steves104x4

    Steves104x4 Well-Known Member

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  14. Sep 8, 2018 at 6:55 PM
    #214
    Willbeck

    Willbeck Well-Known Member

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    Same
     
    Blackout14 likes this.
  15. Sep 8, 2018 at 6:56 PM
    #215
    T4RFTMFW

    T4RFTMFW [OP] Well-Known Member

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    Seems like the one thing they did plan for was to make sure they had plenty of lube for everybody who was spending money.
     
  16. Sep 8, 2018 at 6:57 PM
    #216
    Gearheadesw

    Gearheadesw must modify

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    Obviously, crooks. Have been doing the exact same thing for almost 2 decades, build stuff, take orders, take money.
     
  17. Sep 8, 2018 at 6:58 PM
    #217
    BaywatchDV

    BaywatchDV Well-Known Member

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    I made the list...
     
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  18. Sep 8, 2018 at 7:01 PM
    #218
    Skierrichy

    Skierrichy MadRad

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    To many, but never done
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    You can always make your own
     
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  19. Sep 8, 2018 at 7:02 PM
    #219
    Acerwin

    Acerwin The unNORM NORM

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    Pelfreybilt be like
     
    Last edited: Sep 8, 2018
  20. Sep 8, 2018 at 7:02 PM
    #220
    LarryDangerfield

    LarryDangerfield One Larry a day keeps the money away ™ Moderator

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    Oh there will be some mods all right
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