Quote:
Originally Posted by Paddy-o
So I just got off the phone with them, they said "No. We can't honor that contract. We're going out of business. We have no money."
Does anyone know if there's anything I can do legally about this?
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I'm trying to remember how it works, but, yes, there is a way to get at least part of your money back. If they are technically bankrupt, you can get in as an "owed" party for when they liquidate their assets. I know this because a company I worked for "went out of business" practically overnight. I showed up one day and the "liquidation people" were there preparing all our crap to be sold to give to the bank that called in the loan. There were a couple of instances where customers had pre-paid for expensive items, but were only reimbursed by the bank after the liquidation money started rolling in.
If they are just "shutting down", you might be out of luck unless Triumph throw you some bones.
Either way, it's probably worth a chat with a lawyer.
Best of luck.
-Kevin <---- so glad I didn't fall for Hind's "free lifetime service" pitch.