Tootees Race Cars
#12
Junior Member
SHOW GUEST
Thread Starter
Join Date: Jan 2005
Posts: 7
Thanks for all the info guys. This is the best help I've received so far. I have the lawsuit against them, but it's moving really slow, and as I found out over the weekend, I'm not the only one with a suit against them. The biggest issue I have, is the 8 hour flight to get there, so any info I can track down with ya'alls help would sure be apprieciated. If I can find out if my parts are still there that I bought and paid for, this give me another avenue to chase, because if they're not there and were sold, this is a crimial offence, and would go to state court as the parts bill is well over $5000.00.
My lawyer found out their in Chapter 13 bankruptcy, but they've entered into contracts with myself and others, but haven't reported this income to the bank. They like to work in small payments, thus not drawing attention from the bank. They are pretty smooth at what they do, as this is not the first time they've played this scam. There are others that are into them for the best part of $100000.00, with no end in sight. Again thanks for the help. If anyone has info please pm me, and I'll be in touch.
My lawyer found out their in Chapter 13 bankruptcy, but they've entered into contracts with myself and others, but haven't reported this income to the bank. They like to work in small payments, thus not drawing attention from the bank. They are pretty smooth at what they do, as this is not the first time they've played this scam. There are others that are into them for the best part of $100000.00, with no end in sight. Again thanks for the help. If anyone has info please pm me, and I'll be in touch.
#13
Junior Member
SHOW GUEST
Join Date: Apr 2003
Posts: 5
god yes. years ago i went through the same thing. i begged and pleaded with them after 6 months of them denying me entrance in there shop after giving them a big cash down payment. even after going to court they didn't pay. finally i went through all the credit checks and placed leans on their property and they waited till the dedline of public auction of their land to return my money.
#15
Junior Member
APPRENTICE
Join Date: Jul 2005
Posts: 14
Lawsuit advice
Originally Posted by etbird
Guys, anybody out there have any info to help out with lawsuit? Sorry your deal went bad. It sucks to get screwed. Hope it works out in your favor. Keep after them.
Good luck,
#17
Senior Member
SENIOR BUILDER
Join Date: Feb 2005
Posts: 122
Originally Posted by bulldogracing
Thanks for all the info guys. This is the best help I've received so far. I have the lawsuit against them, but it's moving really slow, and as I found out over the weekend, I'm not the only one with a suit against them. The biggest issue I have, is the 8 hour flight to get there, so any info I can track down with ya'alls help would sure be apprieciated. If I can find out if my parts are still there that I bought and paid for, this give me another avenue to chase, because if they're not there and were sold, this is a crimial offence, and would go to state court as the parts bill is well over $5000.00.
My lawyer found out their in Chapter 13 bankruptcy, but they've entered into contracts with myself and others, but haven't reported this income to the bank. They like to work in small payments, thus not drawing attention from the bank. They are pretty smooth at what they do, as this is not the first time they've played this scam. There are others that are into them for the best part of $100000.00, with no end in sight. Again thanks for the help. If anyone has info please pm me, and I'll be in touch.
My lawyer found out their in Chapter 13 bankruptcy, but they've entered into contracts with myself and others, but haven't reported this income to the bank. They like to work in small payments, thus not drawing attention from the bank. They are pretty smooth at what they do, as this is not the first time they've played this scam. There are others that are into them for the best part of $100000.00, with no end in sight. Again thanks for the help. If anyone has info please pm me, and I'll be in touch.
#20
Senior Member
RACING JUNKIE
Join Date: Mar 2006
Location: EUGENE,OR.
Posts: 3,391
Really sorry to hear about that. Be it 7500 or 26000, that would be a alot of money to me. I agree- Chapter 13 is is interesting & leads me to believe they have assets. So what they are doing is using your money for working capital most likely & they are buried in overhead/debt... at this point, they probably have thier creditors & vendors cutting them off too if they are using consumer funds to keep the buisness alive. It is surprising that they have not converted the 13 to a Chapter 7 yet. Alot of vendors & creditors will make a comany such as a corp or LLC sign a "Personal Guarantee". If they have signed this in the past, that means that likely obligated to those vendors/creditors first... even thier personal mortgage & other assets have a lien priority. What is to protect the consumer??? They should be first... I hope you guys get every dime back... Good luck!!