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Old 12-01-2004, 10:35 PM   #3
JDMark
Zilvia Junkie
 
Join Date: Dec 2002
Location: redmond, wa
Posts: 464
Trader Rating: (3)
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-group buy for cheap coilovers start
-people pay for coilovers
-money goes to person importing coilovers
-months pass with no word from importer
-people that paid are getting impatient and demand refunds
-contact to the importer is useless (no e-mail response or phone calls)
-people start pointing fingers, when its the importer at fault
-Find out importer claims bankruptcy and expects a resolve of some kind

yea i really wish money wasnt such an issue with me but with a min wage job it sucks. all lessons im learning...

btw it was chapter 7 bankruptcy meaning that they are permanently shutting down the company and liquidating the assets to pay off thier creditors. unfurtunately Js tuning (who the groupbuy was thru) is an unsecured creditor, so its unlikely we will get our money back.
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