03-16-2016, 06:11 PM
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#1
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Franchise Player
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RV Bankruptcy - Lost Deposits & Trailers
Probably going to hear a lot more of things like this in Alberta.
http://calgary.ctvnews.ca/r-v-dealer...sits-1.2818868
R.V. dealership’s bankruptcy separates customers from their trailers, deposits
“I tried phoning the dealership and the number was disconnected,” said Roseneder. “You kind of hit the panic button.”
“AMIVC said ‘Oh, yeah, they went into bankruptcy yesterday’,” said Roseneder. He was directed to AMVIC’s website and was told he wouldn’t be able to get his trailer.
Presently, Roseneder is out his $10,000 down payment on the trailer that, with financing, carried a final price tag of just under $33,000.
“The email from the trustee that I received basically outlines that people that maybe made an offer on a unit that haven’t completed the financing paperwork but secured it with a deposit are going to become unsecured creditors listed in the bankruptcy,” said Roseneder. “They’re going to lose their deposit.”
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