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Debtor in Possession ....
Posted by: decocritter
Date: June 20, 2006 09:55PM
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Re: Debtor in Possession ....
Posted by: Buzz
Date: June 20, 2006 10:01PM
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Re: Debtor in Possession ....
Posted by: Effin Haole
Date: June 20, 2006 10:06PM
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Re: Debtor in Possession ....
Posted by: decocritter
Date: June 20, 2006 10:08PM
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Re: Debtor in Possession ....
Posted by: ztirffritz
Date: June 20, 2006 10:31PM
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Re: Debtor in Possession ....
Posted by: BigGuynRusty
Date: June 20, 2006 10:36PM
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Quote
decocritter
Yes - I agree. I have their IBM Thinkpad that will not be returned until I happen to get paid. I don't want the laptop.
Re: Debtor in Possession ....
Posted by: macphanatic
Date: June 20, 2006 10:40PM
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Re: Debtor in Possession ....
Posted by: decocritter
Date: June 20, 2006 10:46PM
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Re: Debtor in Possession ....
Posted by: BigGuynRusty
Date: June 20, 2006 11:14PM
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Quote
decocritter
Like I said - I don't want the laptop.
They owe me more money than it is worth. If they don't pay me -that is theft, since they made a cash profit 85% over what my pay for each job is and all of the clients have paid for the work I did in full.
I don't see how a company can file bankruptcy when they scam the cash profits for a low overhead business. Other than a few laptops and digital cameras and advertising brochures, they don't have any assets or costs to produce their product. Everything they do is paid for by the client up front.
Re: Debtor in Possession ....
Posted by: decocritter
Date: June 20, 2006 11:18PM
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Re: Debtor in Possession ....
Posted by: mikebw
Date: June 20, 2006 11:50PM
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Re: Debtor in Possession ....
Posted by: Filliam H. Muffman
Date: June 21, 2006 01:03AM
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Quote
decocritter
I don't see how a company can file bankruptcy when they scam the cash profits for a low overhead business.
Re: Debtor in Possession ....
Posted by: outcast
Date: June 21, 2006 10:11AM
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Re: Debtor in Possession ....
Posted by: cbelt3
Date: June 21, 2006 10:16AM
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Re: Debtor in Possession ....
Posted by: vision63
Date: June 21, 2006 02:41PM
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Re: Debtor in Possession ....
Posted by: Racer X
Date: June 21, 2006 04:18PM
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Re: Debtor in Possession ....
Posted by: decocritter
Date: June 23, 2006 11:02PM
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Quote
cbelt3
In the end, a POS thinkpad is NOT worth your:
Freedom
Reputation
Ability to be employed elsewhere
Also do NOT be tempted to 'confiscate' data or customer lists or anything like that. In this day and age, using a computer for anything other than your hired purpose is gonna get you jailed before you can say "WTF ?"
Your best bet is to check into your local worker's agency (Unemployment, compensation, etc) for your rights. If they are not paying YOU, they are probably also not paying FICA, FUTA, SSI, Workman's Comp, etc.
Are you still working there ? Are their customers aware of their status ?