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-   -   Keisler files Chapter 7 (http://www.clubcobra.com/forums/all-cobra-talk/125817-keisler-files-chapter-7-a.html)

joyridin' 01-24-2014 05:27 AM

Keisler files Chapter 7
 
Dear Customers, Friends and Associates of KEISLER Engineering;

On January 16 2014, I halted operations of Keisler Engineering Inc by filing it into Chapter 7 Bankruptcy. The motivation to place KE into Ch7 was a very recent decision, spurred by a run of order cancellations and refunds by concerned customers. Many of these concerned customers had spoken to our competitors that have been pouring on the negativity and rumors of KE shutting down since 2008. These are primarily two (2) competitors - one located in Cookeville TN and the other in Sacramento CA.

A lot more to read on here:

https://www.facebook.com/pages/Keisl...g/224383866884

jwd 01-24-2014 08:25 AM

Don't believe a single word of that Facebook post. It's pure B.S. blaming everyone else for his problems. A couple days before filing, he was contacting people that had deposits on transmissions trying to get them to "pay in full" to guarantee shipment. There is a list of 563 people he ripped off that is listed in the Chapter 7 filing.


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