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  2. How to: Acquire Pelfreybilt Goods as of 2/18/19
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 9, 2018 at 5:51 AM
    #681
    4x4Runner

    #681
    4x4Runner Sam’s gone, man. Moderator

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    2001, 2009 and now 2018. First was 8 years apart, this one is 9 years. Also reading the filing it asks if you’ve filed within the last 8 years
     
    4x4Runner, Sep 9, 2018
    #681
    thewarriordinghy, JayMac, SC2SC and 3 others like this.
  2. Sep 9, 2018 at 5:52 AM
    #682
    4x4Runner

    #682
    4x4Runner Sam’s gone, man. Moderator

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    Actually, they did.
     
    4x4Runner, Sep 9, 2018
    #682
    DoorDing and ColoradoTJ like this.
  3. Sep 9, 2018 at 5:52 AM
    #683
    KaptainH

    #683
    KaptainH Well-Known Member

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    So who wants to bulk order some bumpers from LaserNut? Anyone else email them? :D
     
    KaptainH, Sep 9, 2018
    #683
    Desertoi, Stacks81, Willbeck and 2 others like this.
  4. Sep 9, 2018 at 5:56 AM
    #684
    PCTaco

    #684
    PCTaco 36 hour Build

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    I'm vaguely curious what their business ventures were that lead to them to file bankruptcy. Was it some other automotive fab or selling snake oil or what?
     
    PCTaco, Sep 9, 2018
    #684
    Ice Horse and Crodell6 like this.
  5. Sep 9, 2018 at 5:57 AM
    #685
    TACOVRD

    #685
    TACOVRD I Identify As A Prius

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    TW Addict
    AZ/WA
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    Workin' on it....
    Billy makes some good looking stuff.

    Already got squared away on one of the items with @Mobtown Offroad coming through.
     
    TACOVRD, Sep 9, 2018
    #685
    rocklobster2008[QUOTED] likes this.
  6. Sep 9, 2018 at 6:03 AM
    #686
    jowybyo

    #686
    jowybyo Well-Known Member

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    I think you kinda have it right, but also it sounds like you don't know how we operate. It's unfair to compare a fab shop pumping out production parts to a roofing company. First, many roofing companies ask for at least part of the money upfront to cover material. Second, they don't have to buy 100's of orders worth of material in advance. We buy material for orders we don't have yet, but we have to pay for it all in cash within 30 days. When customers pay in advance, it helps pay for material for their order and dozens of future orders. We do this to get bulk rates and keep retail prices lower for customers. In the end, if customers decide they don't want to pay upfront, then many of us will just buy material in 1-2 order quantities which will drive up the cost for everyone.

    This is a terrible situation and I feel bad for all the customers caught in the cross fire. This will have a ripple effect in the industry that will affect us all.
     
    jowybyo, Sep 9, 2018
    #686
    bohpoli, lynyrd3, mctechhweng and 10 others like this.
  7. Sep 9, 2018 at 6:06 AM
    #687
    rnish

    #687
    rnish Well-Known Member

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    In an attempt to be constructive. You can take some “fraud” and other “losses” off your income tax. If you lost thousands of dollars keep good records. You may be able to recover something (YMMV). Consult your tax advisor.
     
    rnish, Sep 9, 2018
    #687
    HerT4R, mctechhweng, DoorDing and 1 other person like this.
  8. Sep 9, 2018 at 6:07 AM
    #688
    Husky Driver

    #688
    Husky Driver Kyna's chauffeur

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    Toytec Ultimate 3" lift susp w/ OME 891 rear coils, Bilstein 5100 shocks front & 5125 rear, ARB 'Roo Bar, Warn VR10k, 0.7, 2 & 11-meter 2 way radios FCC Lic KE0TDD, Nitrogen inflated 33" BFGoodrich All-Terrain T/A KO2s, FlexFuel E-85 conversion, AFe lifetime filter, Savage Offroad rock sliders, Ryno All Terrain 4.5mm skid plates, Line-X coatings on the armor, LifetimeLED & Rigid Industries LED headlights, UltraGauge 1.2, T3q 4.10 eLocker with armor from LROR, AmsOil lubricants used throughout. CBI plate rear bumper with swingaway, SPC Light Racing UCAs, ARB SS170HF Safari snorkel w/ Afrikaans centrifugal pre-cleaner, Tacoma antenna mod, TRD Supercharger w/ URD 7th inj. & URD pulleys, Anti-Dark engine bay lighting system. Having gone 250k, Aug 2016 was the time to replace the original clutch & get the driver's seat rebuilt/stuffed. Front & back Weathertech liners. '05 Tundra front disc brake swap. Full length Rocky Mountain Rack with 40" lightbar, Alternating strobe rear dust lights. I used a warm weekend in March 2022 to finally install my brand new from old stock 2000 4Runner driver's seat. $800 directly from the factory in Sapporo, Hokkaido, Japan.
     
    Husky Driver, Sep 9, 2018
    #688
  9. Sep 9, 2018 at 6:07 AM
    #689
    lynlan1819

    #689
    lynlan1819 Well-Known Member

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    Lifted
    For real.
     
    lynlan1819, Sep 9, 2018
    #689
  10. Sep 9, 2018 at 6:12 AM
    #690
    deekyn

    #690
    deekyn Well-Known Member

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    Shitty situation. Ha! Giant understatement. I’m down $5k to these people and I should keep it civil? They lied to my face several times, personally lied to me, very recently, as they were filing CH7. I can’t even imagine how much money they stole from us all told.
     
    deekyn, Sep 9, 2018
    #690
    mctechhweng, 5 Lug Fury, Large BajaBlast and 17 others like this.
  11. Sep 9, 2018 at 6:17 AM
    #691
    deekyn

    #691
    deekyn Well-Known Member

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    Group Buy for Pelfreybilt Lawsuit? I’m in!
     
    deekyn, Sep 9, 2018
    #691
    mctechhweng, 5 Lug Fury, henryp and 11 others like this.
  12. Sep 9, 2018 at 6:18 AM
    #692
    Kolunatic

    #692
    Kolunatic Broke ass

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    I wouldn’t have bought their skid had I known this.
    Thanks
    At least it’s a plain skid with no logo I haves to fill and grind
     
    Kolunatic, Sep 9, 2018
    #692
    opentibfib, mctechhweng and MoneyMan55 like this.
  13. Sep 9, 2018 at 6:30 AM
    #693
    DirtBound

    #693
    DirtBound Member

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    LaserNut has a large supply of materials, usually, they provide the material for the parts they cut. I am also assuming they buy in such large qtys that they get better pricing than smaller outfits. LaserNut cuts and fabricates for a large percent of the offroad industry.
     
    DirtBound, Sep 9, 2018
    #693
    xxTacocaTxx, JayMac, Blackout14 and 2 others like this.
  14. Sep 9, 2018 at 6:34 AM
    #694
    deekyn

    #694
    deekyn Well-Known Member

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    Agreed. Mines coming off too
     
    deekyn, Sep 9, 2018
    #694
    smw62891 and Joe23[QUOTED] like this.
  15. Sep 9, 2018 at 6:43 AM
    #695
    rnish

    #695
    rnish Well-Known Member

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    Those who lost deposits had a reasonable expectation to get product for what they had paid. Crypto is pure gambling/speculation.
     
    rnish, Sep 9, 2018
    #695
    jross20, SprtBkr, Joe23 and 1 other person like this.
  16. Sep 9, 2018 at 6:43 AM
    #696
    remgu2000

    #696
    remgu2000 Keepin' on keepin' on.

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    remgu2000, Sep 9, 2018
    #696
    mctechhweng and xxTacocaTxx like this.
  17. Sep 9, 2018 at 6:45 AM
    #697
    Tridet167

    #697
    Tridet167 Not an Overlander, or am I?

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    I don't know but maybe the right way of operating a fab business is to purchase small quantities at a time and increase the costs in order for customers to make only deposits. I know we get screwed in the end but I think it protects people from losing full amounts up front.
     
    Tridet167, Sep 9, 2018
    #697
    Joe23 likes this.
  18. Sep 9, 2018 at 6:46 AM
    #698
    yote

    #698
    yote Washington State University

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    Still nearly as f*cking bitter and pissed off as I was yesterday when they came out with their “update”.

    I, for some (weird) reason still had a “fanboy” mentality yesterday, but now it’s straight up 1 finger salute

    Just hoping Wells Fargo is able to get me back my $2.5k — they’ve done it in the past although that was for theft charges, which I guess this is similar... in a way. At least it feels very similar
     
    yote, Sep 9, 2018
    #698
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  19. Sep 9, 2018 at 6:48 AM
    #699
    Rayien

    #699
    Rayien Well-Known Member

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    And this is a classic example of how one fucker ( pelfreybroke) ruins it for everyone else ( all the other fab shops). No one really questioned the method until tyler and satin decided to pile drive everyone.
     
    Rayien, Sep 9, 2018
    #699
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  20. Sep 9, 2018 at 6:48 AM
    #700
    rnish

    #700
    rnish Well-Known Member

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    Then its time for you to double down. Bitcoin is hovering around 6K, thats ~70% off its high.
     
    rnish, Sep 9, 2018
    #700
    motionridr8 and KaptainH[QUOTED] like this.
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