Getting ripped off by thieves and vendors (Sometimes at the same time)

[Stuart Adams]

The person spending others money is dangerous business. It takes a lot of risk for ones family and wellbeing. Back in the day or in today's world, cross the wrong person or family or connection, it could be brutal. I'd be scared crappless if I had others dough, if you get my drift.

[sevillaz28]

It really sucks to hear these things happen. Money should be given and service or product should be recieved, thats it. I have been in business for a long time as a Home Builder and I'm amazed at how some people run their business. I have one vendor for my car projects and the only one i use for parts purchases is Mats Classic Bowtie in Dublin here in Ca. I have been buying from them for almost 8 years and have never had a problem. They have been part of about 50 of my car builds and the communication is Excelent and just a great group of people.

There is also the business lien option where you lien the assets of a company, those assets are sold at auction and money is disbursed accordingly. I think thats how it works but not totally sure.

[LILBuzzy]

Is this a Greg Weld thread? Four days with almost 6000 views and close to hunnert replies. Just saying.

[novanutcase]

Originally Posted by sevillaz28

There is also the business lien option where you lien the assets of a company, those assets are sold at auction and money is disbursed accordingly. I think thats how it works but not totally sure.

That only works if you are a secured creditor. In my experience, putting liens on companies when you are an individual is a waste of both time and money if said company goes under. It's the big boys that get paid first meaning the banks and lawyers, then the big ticket accounts and so on and so on. By the time it gets to you all you get is a swift kick in the 'nads!!

John

[Flash68]

You can file a complaint in court and get a judgment for amount owed. Then you can create problems for the business. But it's the cost of the complaint and filing that is hard to swallow, unless your fiancé is an attorney like mine. let's just say I've collected a lot of money I've been owed since I hooked up with her. Lol.

But seriously, there are ways to drum up your money before the other guy. Abd frankly (no pun intended) it appears to be every man for himself here.

This really really sucks for you guys.

I guess there is safety buying from Summit and Jegs.

[geberhard]

Originally Posted by JustinB

At the end of the day all these threats about law suits are meaningless. If you force a so-called class action suit, they file BK and good luck getting your money. I think bringing it up on these sites, when warranted, forces the dealer to act. Making threats about law suits or I am flying down to (insert empty threat here) is not going to help anybody out. Obviously money is tight or the dealer would not be in the position in the first place. Finding several thousand dollars in an empty bank account to refund a customer might take a few days to work out. They know they are getting beat up, give them a couple days to work it out. If they still don't remedy the problem, you are either screwed all together or have to wait until they can find the money to fix the problem. It sucks but its the reality of the situation.

VERY well said

[geberhard]

Originally Posted by Flash68

I guess there is safety buying from Summit and Jegs.

Yes, just placed a nice order through them for Ridetech stuff. Sure I can order them from other vendors, and will give them a shot (and I tried but not hearing back on a timely manner just lost my business). I.e. I love the fact that Matts and the crew are very cool people and local, good prices and all, but customer service and turnaround can improve (pretty much the perception of a lot of local buyers buying through them). Again I prefer supporting a local business that supports our hobby and sport.

As long as they are responsive and follow through I want to give them a shot at the business first. If I make a call, e-mail, and do not hear back within 24 hours, I will move to the next channel and so on. I am a hobbyst and not a shop or high end builders as several here, but have worked on multiple cars with sizable orders and basically expect to be treated the same way that someone ordering in the thousands. No excuses. If they want to stay in business customer service, honestly and quick turnaround is basic stuff and key.

[214Chevy]

Originally Posted by Flash68

....
I guess there is safety buying from Summit and Jegs.

Originally Posted by geberhard

...Sure I can order them from other vendors.

I order 75% of my stuff from Jegs and have been for nearly 10 years now. Take my T56 Magnum for example. When it was first released, I called lots of vendors and they were giving me the run around about how hot of a ticket it was (and it was), but I got tired of the kits they put together being overpriced. Sure, the Tranny was the same price everywhere (per Tremec MSRP), but they tried to make extra money on the kit parts like the clutch, bellhousing, etc. So, I politely gave Jeg's a call and put together my own kit. Did the same with my 6 piston Baer brakes. Save nearly $400 on the front Extreme kit. And that was a vendor on here trying to upsale me.

[GregWeld]

I will tell you that anyone that is talking "CLASS ACTION" lawsuits is just blowing smoke out their ass... It's obvious you HAVE NOT talked to an attorney... They are extremely difficult - need court approval and on and on... So while this "sounds good" it's just BS.

Sorry... but it had to be said.


If you need to a file suit -- just do it... don't talk about it.

[ErikLS2]

And, if you file a lawsuit you might not see your money but you will get a judgement. A judgement alone wont get you your money either and the court wont help you collect but it will go on the defendant's credit and prohibit them from obtaining any new credit. I get judgements all the time on rental property tenants that I have to evict and I never see any money but once in a while they pop up when the person is trying to rent a TV or buy a car or something and I just have to chuckle.

At some point there must be laws that are broken too aren't there? I mean, large sums of money, across state lines and all that, must be something there I would think.