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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. Oct 9, 2018 at 4:05 PM
    #2261
    MTNHABITOVERLAND

    MTNHABITOVERLAND Well-Known Member

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    Update to creditors hearing:

    Two showed up (at least one was owed a lot of money) and relayed this information directly to me:

    The Pelfreys had two police officers escorting them into and around court

    Unfortunately not much has changed...

    If they don’t owe you money as a customer, you can definitely have your name removed from the creditor list. Simply mail the court as per your letter and request the removal. No explanation needed.

    If they do owe you monies and you paid cash, unfortunately it looks pretty solid that they won’t have funds left over to pay out. If they do have any left over it would be beneficial to have your name on the creditor list as the court will then split those funds amongst the creditors. Again, not likely.

    Sorry for the bad news all.
     
  2. Oct 9, 2018 at 4:09 PM
    #2262
    Manwithoutaplan

    Manwithoutaplan the full Monty

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    will they be at sema this year ?
     
  3. Oct 9, 2018 at 4:09 PM
    #2263
    Manwithoutaplan

    Manwithoutaplan the full Monty

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    Freakin POS they are!
     
  4. Oct 9, 2018 at 4:10 PM
    #2264
    The Real Moondog

    The Real Moondog Well-Known Member

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  5. Oct 9, 2018 at 4:11 PM
    #2265
    Kolunatic

    Kolunatic Broke ass

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    :popcorn::popcorn:
     
  6. Oct 9, 2018 at 5:19 PM
    #2266
    kasnerd

    kasnerd candied bacon

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    Mods? Yes, oh yes..
    If you are afraid for your safety because you have negatively impacted others lives that badly, one would hope the realization of what they've done is sinking in. This is beyond 'oopsies' we screwed up bankruptcy. It's borderline criminal and when the audit is over and it's all laid bare...hopefully lady Justice will be there.
     
    Last edited: Oct 9, 2018
  7. Oct 9, 2018 at 8:45 PM
    #2267
    frenchee

    frenchee Favorite Member

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    This thread isn't juicy anymore...
     
  8. Oct 9, 2018 at 11:14 PM
    #2268
    Husky Driver

    Husky Driver Kyna's chauffeur

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    Was it an 'in-courthouse protective custody' type escort or a 'street clothes instead of striped jumpsuit for the court appearance' type escort?

    :popcorn:

    :worthless:

    #pelfreybiltfamilyincest
     
  9. Oct 10, 2018 at 7:23 AM
    #2269
    T4RFTMFW

    T4RFTMFW [OP] Well-Known Member

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    o_O
     
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  10. Oct 11, 2018 at 10:06 AM
    #2270
    la0d0g

    la0d0g Its 4 o’clock somewhere

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    running for the hills
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    Borderline? Lolz.
     
  11. Oct 11, 2018 at 1:20 PM
    #2271
    kasnerd

    kasnerd candied bacon

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    I made a funny!! :p

    Innocent until proven guilty, and the mountain of evidence and B.S....guilty of something of what exactly :notsure: we don't know (besides being total dicks :luvya:). All we do know is shenanigans and deception. **not a lawyer disclaimer ** That isn't a crime per se because there were no contracts tied to the purchase from individuals (like perform or quit w/ penalty) that at most would be a small claims (<$10k for California, and that ship sailed after they BK'd) or maybe a class action (ugh, get even less back from nothing, because lawyers :mad:). What will be interesting is the agreements between PB and their vendors and suppliers. $$Ooo-dilly!$$ Obviously the important part is WHY. Hopefully, the audit and hearings should take care of missing details like where/how/when money was moving. Hopefully :pray: the prosecutor goes after them for everything they have done. We all know that never happens, and with their financials, its unlikely they would muster a defense for court and end up with plea. :frusty:

    Also the redfaced mr p and security "escort"
    :worthless:
     
    Kolunatic and la0d0g[QUOTED] like this.
  12. Oct 11, 2018 at 4:09 PM
    #2272
    Kolunatic

    Kolunatic Broke ass

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  13. Oct 11, 2018 at 6:46 PM
    #2273
    Sub_Par

    Sub_Par Well-Known Member

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    They could have slightly changed the name of the business or applied under someone else’s name. Doesn’t really mean anything.
     
  14. Oct 12, 2018 at 8:35 AM
    #2274
    Mike O

    Mike O Well-Known Member

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    Perhaps it doesn't mean anything important, but they did not change their name. You can easily verify this by going to the California Secretary of State site. 2018 and 2014. I posted these before. The only difference I spotted was that in April of 2018 Tyler was removed as Director for some reason. The motivation for that change is unknown, but I posted the change then because most of the legal reasons for doing so didn't bode well. And sure enough, here we are.

    Prosecution seems unlikely to me, but who knows. There are always things the general public does not know. All it takes is one vendor with the right information and motivation.

    I did also noted back then that Tyler listed himself on LinkedIn as being employed by Franklin's Industries as a Project Manager - for years.

    Here is what LinkedIn has for Franklin's Industries in Poway (near San Diego).

    Here is Franklin's website.

    All very strange.......
     
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  15. Oct 12, 2018 at 8:42 AM
    #2275
    Extra Hard Taco

    Extra Hard Taco Well-Known Member

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    Does this mean Pelfreybilt wont be having any Black Friday deals next month? :notsure:
     
  16. Oct 12, 2018 at 9:23 AM
    #2276
    Airdog

    Airdog did your Mom

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    Pretty sure this has been discussed but Tyler was removed because his ex wife was on a money grab and they used that as a way to protect the business from her. I’m also pretty sure that Pelfreybilt started while Tyler was working for Franklin and he used their equipment in the beginning before going out on his own. When I got my bumpers from him I think that is where I picked them up from in 2013.
     
  17. Oct 12, 2018 at 5:40 PM
    #2277
    kasnerd

    kasnerd candied bacon

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    Telenovella level story line here, so good...
     
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  18. Oct 13, 2018 at 12:00 PM
    #2278
    Mike O

    Mike O Well-Known Member

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    Not seen anything of that discussion here. Gotta link?

    So......in April of 2018, a short few months before the $hit hit the fan, Tyler's ex-wife initiated an action that caused them to "protect themselves" from her? Coincidental I'm sure. Want to buy a bridge?

    One lie after another. And even if true, given what we now know, he was likely defrauding his ex as well.

    Note that he had the presence of mind to change his title on LinkedIn to "General Manager" around the time of his "ex-wife's grab" but didn't bother to change the fact that didn't work at Franklin anymore. Or maybe he continued to work there through the end? Might explain their lack of delivering much for the last long period of time.....
     
  19. Oct 13, 2018 at 12:03 PM
    #2279
    Hook78

    Hook78 Well-Known Member

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    Normally if you dispute a charge with your credit card company you are not responsible for it while they investigate. So regardless of how long it takes it’s not money out of your pocket in the meantime.
     
  20. Oct 14, 2018 at 3:24 PM
    #2280
    TWashburn1212

    TWashburn1212 Well-Known Member

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    Just got a letter from PNC stating that my money would be returned. It took a little over a month, but I won my CC dispute.

    Best of luck to everyone else.
     
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