His Ebay record is perfect. Seems odd. No complaints.

As near as I can tell he only sold one transmission kit on ebay last year. The rest of the sales are parts and some personal items. The issues are related to transmission kit deliveries and payment, especially for their newer transmissions.

He has to be careful not to deliver on ebay because they will get the customers money back if he does not deliver as specified. The negative feedback will also impact sales.

Don

Filed for Chapter 7
 

Apparently Keisler Engineering has filed for Chapter 7 yesterday.

http://business-bankruptcies.com/cas...ngineering-inc
Thanks again to those who advised me to cancel my order. This would have been a painful experience.

Don

You didn't loose any money Don?

Not sure yet, depends on the outcome of the chargeback. Either way, better $1000 than $5000.

Edit: I am on the list of creditors posted on the Corvette forum.

Don

Thank link didn't work for me, but I googled and found this - - not sure if the latest news of bankruptcy is true, but if I read this correctly, they've been there before.

http://www.tneb.uscourts.gov/sites/d...08-34321_8.pdf

edit- - -just found this in my searches....

http://business-bankruptcies.com/cas...ngineering-inc

BUMMER...so what about the guys that have there trans in there car! what if it needs rebuilding?:hairpullout:

It's hard to say what this actually means. Bankruptcy doesn't necessarily mean that they will cease to exist, but it may. They may restructure and continue to operate.

Edit: - - It appears that the most recent filing is Chapter 7. Thanks to GW for pointing that out below.

CHAPTER 7 is LIQUIDATION of assets


CHAPTER 11 is Reorganization

Good catch Greg. --- Yep - no reorg on this one. Yikes