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  #41  
Old 01-13-2014, 12:48 PM
Gregster1234 Gregster1234 is offline
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His Ebay record is perfect. Seems odd. No complaints.
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  #42  
Old 01-13-2014, 01:02 PM
dhutton dhutton is online now
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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
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  #43  
Old 01-17-2014, 10:04 AM
dhutton dhutton is online now
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Default 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
Last edited by dhutton; 01-17-2014 at 11:38 AM.
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  #44  
Old 01-17-2014, 10:21 AM
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You didn't loose any money Don?
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  #45  
Old 01-17-2014, 10:31 AM
dhutton dhutton is online now
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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
Last edited by dhutton; 01-17-2014 at 11:37 AM.
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  #46  
Old 01-17-2014, 11:27 AM
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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
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  #47  
Old 01-17-2014, 01:57 PM
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Originally Posted by wiedemab View Post
Thank link didn't work fore 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?
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  #48  
Old 01-17-2014, 02:36 PM
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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.
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Last edited by wiedemab; 01-17-2014 at 02:47 PM.
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  #49  
Old 01-17-2014, 02:42 PM
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CHAPTER 7 is LIQUIDATION of assets


CHAPTER 11 is Reorganization
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  #50  
Old 01-17-2014, 02:46 PM
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CHAPTER 7 is LIQUIDATION of assets


CHAPTER 11 is Reorganization
Good catch Greg. --- Yep - no reorg on this one. Yikes
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