that is what chapter 11 bankruptcy means…it doesn’t mean he’s going out of business.
just so people don’t read this wrong, this does not mean that the vehicle loan totals $518,000. the word and means both loans, but your color portion reads like a fancy media headline skewing the facts to get more attention.
I heard that howard is just like some people on shift, an asshole online but in person very easygoing. LOL
With the new chapter 11 rules you still owe your creditors everything so after peter, paul & mary are paid he may not have anything left. I hope he does survive for the sake of his employees.
Thank you sarge!
At least someone caught on, nobody can take a joke apparently you guys REALLY need to stop taking the internetz soooo seriously.
Cry me a river.
some members here would have to say thats not the truth
Yeah I was being sarcastic.
The whole “dickhead online and cool in person” thing makes me laugh.
Yeah that sums it up rather well actually.
The business still relies on:
I stashed away a piss ton of cash, so once I pay everyone back (not really I, but thats an entirely different lesson) we will still have some money to keep going. BUT if that was the case, why would I need a loan for a simple little car???
Someone with money/credit thinks you still have a shot at keeping the business going, and jumps in the boat with you, keeping you afloat.
either way, its not easy, and that why a lot of them end poorly.
I heard from a friend that know Howard somewhat and was tuned by him before he was big and they also did a clutch that Howards brother runs the glass and Howard does the cars?
A long time ago it was like that