Re: Lawton Machine will NOT return MY money...HELP!!!
"Someone mentioned in an earlier post that the company "almost went under." If they did indeed file bankruptcy, it will be nigh near impossible to get $$$ out of 'em.
Nashlaw you are correct. Once they file, individuals with deposits go into the same pile with other creditors. With a small company like this.....very little is left to return to the creditors. The really ugly side is the filing company knows they are going to take a chapter yet continues to take deposits from innocent people. However, it is a round world and it is a long road that never turns.
"Someone mentioned in an earlier post that the company "almost went under." If they did indeed file bankruptcy, it will be nigh near impossible to get $$$ out of 'em.
Nashlaw you are correct. Once they file, individuals with deposits go into the same pile with other creditors. With a small company like this.....very little is left to return to the creditors. The really ugly side is the filing company knows they are going to take a chapter yet continues to take deposits from innocent people. However, it is a round world and it is a long road that never turns.