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Discussion in 'The Hokey Ass Message Board' started by 41plym, Dec 22, 2024.

  1. I agree people have the right to be angry and frustrated not knowing what is going on, the reality is if it’s with lawyers is he may be being told not to say anything, again none of us actually know. As frustrating as it is for customers it sounds like the poor guys entire life is falling apart around him.
     
    Truckdoctor Andy and hotdamn like this.
  2. snoc653
    Joined: Dec 25, 2023
    Posts: 653

    snoc653
    Member
    from Iowa

    If the business is actually legally dissolved, there is no way anyone can legally call past customers of the business and discuss business matters as a representative of the company. I'm not sure if Mr. Overhaul is aware of that or not, but his ranting could be nothing more than trying to bait a good person into doing something wrong. If the facts are correct, time will tell what arraignments were made to deal with the customers. The purpose of this thread is to show support to both the customers current and potential, who have now been notified to be careful until this is resolved, and the company who has done so much in the past for the hobby and community we all participate in. Lets keep the thread to those purposes and not become a rant and vent thread that will be locked and removed.
     
  3. 5window
    Joined: Jan 29, 2005
    Posts: 9,694

    5window
    Member

    Well said, but you are correct,no one knows the true story. Quite rightly, those who paid for products they'll never receive are angry. And with so many types of social media, some explanation somewhere by Fatman might have gone a long way to resolving some of the issues. Communication never seems to be an important part of almost every small business. I hope some truths and methods of recovery will come to light soon.

    Please do an intro. Three posts, all complaints, doesn't give much credence to your statements.
     
  4. oldolds
    Joined: Oct 18, 2010
    Posts: 3,490

    oldolds
    Member

    I am going to guess, just guessing. He did everything he could do to save the business. Probably used his all savings and borrowing abilities to keep things going. Then something else forced him to close. Whether it was a supplier calling in their debt with a sheriff sale or some form of government forcing the closure.
    This hobby is not as big as we like to think it is. There is not as much money to be made as most people think there is. The new car manufactures think of making 1000's of items. A business like this thinks of making 10's
     
    Last edited: Jan 11, 2025 at 5:50 PM
    williebill likes this.
  5. oldsmobum
    Joined: Apr 26, 2012
    Posts: 191

    oldsmobum
    Member
    from SoCal

    I’m finally going to say it, despite the fact that many are not going to like it:

    There is no situation in which he went out of business in December and did not know this was inevitable in November, when he was still taking orders. Especially considering that the business was over 20 years old. He knew what he was doing.

    Sorry, but there is also no situation in which this was the right thing to do.
     
    lostone and AccurateMike like this.
  6. twenty8
    Joined: Apr 8, 2021
    Posts: 3,049

    twenty8
    Member

    Unfortunately, it can be human nature to not want to face the bald ugly truth. It is valiant to "fight to the death" to try and save a failing business, but it is never a good idea to continue taking deposits when things are uncertain.

    I have some experience with this. My wife was diagnosed with breast cancer (both sides!!!) in early 2020, just in time to coincide with the shitfulness of the Covid onslaught. Yeah, things got real tough running my sole operator business, but priority had to go to my wife's surgeries, treatments (still ongoing) and recovery. I was honest and forthright with customers/suppliers/lenders about the situation and we got through it as best as we could. We are still trying to get back to square one and will be for some time to come. It is important to us that we can hold our heads high. Call me old-fashioned, but if it sank me, I was not going to let it take anyone down with me. Sometimes you just gotta take responsibility, stare the monster in the eye, and do what needs to be done. If you think you can fool the monster, you are only fooling yourself and you will get eaten alive. Happens all the time....

    Yes, you have to move forward with optimism, but you can't let your optimism blind you to what is sometimes staring you in the face. You have to fight smart.

    I sincerely hope for the best possible outcome for all involved.
     
    Last edited: Jan 13, 2025 at 12:10 AM
    nosford, Kreepea_1, warbird1 and 8 others like this.
  7. 5window
    Joined: Jan 29, 2005
    Posts: 9,694

    5window
    Member

    Well spoken and I sincerely hope your wife beats the cancer.
     
    seb fontana and twenty8 like this.
  8. I am sorry, but I am going to disagree with this statement. I lost my wife in '23 after a 9 month battle with cancer. IF, and IDK the validity of if his wife is sick or not but for arguments sake I will assume it to be true, he was focused on something more important, and trusted someone who turned out to be incompetent in all the aspects of running a business opposed to working FOR a business (and of course assuming Tim was already operating on a razor thin margin like most small businesses are) all it takes is a few small issues to topple the first domino. And playing devils advocate for a moment, if he was trying to save it, I could see not causing a "bank run" by saying anything that could sabotage those actions. Yes, at a certain point he also should have made a judgement call to not taking more orders when there were other orders not yet fulfilled.

    I understand the anger and frustration of possibly losing money. But if he has filed for bankruptcy, and you have people saying bad things about you and your company, telling people to contact the credit card company.. (and guess what, if he has filed for bankruptcy, then even contacting your CC company is no guarantee you will be refunded because who will reimburse the CC company?? ) then one of the first things the lawyers would tell you is STFU. do NOT say ANYTHING that can be used against you by anyone attempting to file fraud against you. So if you are expecting any answers anytime soon.. you need to realize it is not likely to happen.
     
  9. 5window
    Joined: Jan 29, 2005
    Posts: 9,694

    5window
    Member

    I expect this thread will be closed soon because no positive, true information is forthcoming. In fact, it might be worthwhile to table the discussion until someone with actual facts (should they still exist in our world) can post them.
     
  10. lostone
    Joined: Oct 13, 2013
    Posts: 3,258

    lostone
    Member
    from kansas

    The downside is I've seen this happen before.

    Small business, son gets cancer, family starts running out of funds, dad starts dipping into business account to keep family living at previous means. Dad figures he can muscle thru the hardship with the business "helping". It doesn't happen and soon both the family AND the business are broke.

    Shop goes out of business and creditors, parts suppliers etc are left high and dry.

    Seen that scenario happen twice thru the years.....

    ...
     
  11. Ironpossum
    Joined: Jan 31, 2018
    Posts: 4

    Ironpossum

    I was able to contact the legal team in North Carolina and they confirmed that I was on the list of customers with open orders who would be receiving a letter - just as the website said. Letters were mailed out on the 7th with a possible delay to mail delivery on the 9th for Carter’s funeral (i didn’t know mail wasn’t delivered on that day). We had 9” snow at the end of last week which might also have delayed mail. I was told to expect a letter this week. Since I paid by credit card my bank filed a disputed charge claim. Who knows i may be a lucky one. On a brighter note, I did contact JW Rod Garage in Wisconsin. They make a hub-to-hub mustang II kit for the 53-54-55-56 Ford Fairlanes. Requires spring housing portion of frame to be cut out and fabricated offset frame pieces to be welded in place. I expect to go that route if I can confirm a refund from one or the other potential sources.
     
    2devilles, 5window and snoc653 like this.
  12. Look, quite a few of us on the customer list are also small business owners. Life happens, we get that. If illness or whatever else caused the owner to be focused elsewhere and the shop went to ruin, so be it. We'd understand, we'd work with him to keep moving. Most of us have gone through very hard times too

    The issue stems from the total communications blackout, the repeated different stories (none of which were wife's cancer BTW) and the silent close up of the company. Tim's hands may be tied now, but they definitely we not through all of 2024 when he was still taking orders and delaying deliveries. All he had to do was pick up the phone

    Here's the bankruptcy attorney. Call and see if you're on the list. If you don't get the attorney, his assistant can confirm for you. Confirmation just means you'll get a letter
    https://www.essexrichards.com/attorneys/john-c-woodman/

    Here's the NC sec state website. You can look up Fatman Fab and see it's indeed dissolved. They're not coming back
    https://www.sosnc.gov/online_services/search/Business_Registration_Results

    The bankruptcy attorney letter is just a confirmation of dept to Fatman fab. It also carries a 120 day limit, so those who changed address or are caught up in their own life issues will be totally SOL
     
    Last edited: Jan 14, 2025 at 10:18 AM

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