lilranch2001
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Muhammad came on here and announced that they are no longer a paid advertiser, and he was going to keep the thread going a few weeks ago
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5030
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I have to ask, what is a 'screw sharpener'????
lilranch2001
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It is a device that sharpens screws
nova3930
Gold Member
Only way you'll know for sure what's going on is to watch the court filings in their vicinity. Will all be a matter of public record. If there's a Chapter 11 bankruptcy they may be back with new management\ownership. If it's chapter 7, they're done....even if someone buys all the assets and runs a new version of EA, they won't be liable for the remaining debts.
If you paid up front for an implement, in Chapter 7 that makes you an unsecured creditor and you are last in line to get anything from the liquidation proceeds. In chapter 11 you still stand a pretty good chance of getting your stuff.
People keep talking about the construction project and those liens, but the liens themselves aren't really enforceable till the property sells. It would have to be an adverse judgement to really cause an immediate problem, although legal bills themselves can sink you really easy. $500 hour lawyers add up quick...
If you paid up front for an implement, in Chapter 7 that makes you an unsecured creditor and you are last in line to get anything from the liquidation proceeds. In chapter 11 you still stand a pretty good chance of getting your stuff.
People keep talking about the construction project and those liens, but the liens themselves aren't really enforceable till the property sells. It would have to be an adverse judgement to really cause an immediate problem, although legal bills themselves can sink you really easy. $500 hour lawyers add up quick...
5030
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I never caught that but then there was no reason for me to anyway.
workinonit
Elite Member
5030
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Been 'screwed' a few times in the past and candidly, it was never sharp. Was mostly blunt...lolIt is a device that sharpens screws
lilranch2001
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Thanks, all sounds plausible
lilranch2001
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40 years ago when we had a couple very young and very fresh apprentices working with us, we used to chase them around jobsites looking for our pipe stretchers, they would go from crew to crew looking for it, and each crew would send them to the next crew….It's sold in a package deal with a wire stretcher.
Funny thing is, they never did find one
workinonit
Elite Member
Where did this insane practice of paying for stuff before you get it come from? We wouldn't be having this conversation if people had refused to do it.