Everything Attachments - Bankrupt?

[mcmxi]

Yup. 100%. Hit this morning.

It will be interesting to hear what the time lag between paying and receiving is.

No doubt a bunch of members here will not be purchasing from Homestead given their pay up front policy, which is/was supposedly unique to Everything Attachments.

 

[TheOldHokie]

It will be interesting to hear what the time lag between paying and receiving is.

No doubt a bunch of members here will not be purchasing from Homestead given their pay up front policy, which is/was supposedly unique to Everything Attachments.

Pay in advance and wait a couple weeks is not unusual. Pay in advance and wait 8 months is very unique.

I just ordered a commercial gas range from AJ Madison last Wednesday. They called me immediately to tell me the range was ready to ship immediately but the optional high back I wanted was backordered by the manufacturer and would be delayed 3-4 weeks. They gave me 3 options:

1) Cancel the order in full or in part
2) Take immediate delivery of the range and wait for the back guard.
3) Have them hold the range and ship complete.

I opted for #2 and I just put the pallet forks on the tractor because the truck with the range will be here today. My bank card was billed the full amount so AJM has the $900 cost of the backguard and I am trusting they will ship it in a timely fashion. Pretty sure l I am goung to get it and AJM is not running a pyramid scheme.

EAs practices were nothing like that.

Dan

 

[GreensvilleJay]

dang, now I'm real curious to see what $900 buys for a 'backguard' for a range !!!

 

[TheOldHokie]

dang, now I'm real curious to see what $900 buys for a 'backguard' for a range !!!

Scroll to the right in the options list:

Freestanding Gas Ranges | AJ Madison

Shop for Freestanding Gas Ranges @ https://www.ajmadison.com

www.ajmadison.com

Dan

 

[wp6529]

Scroll to the right in the options list:

Freestanding Gas Ranges | AJ Madison

Shop for Freestanding Gas Ranges @ https://www.ajmadison.com

www.ajmadison.com

Dan

Heck of a savings if you need the LP version.

 

[GreensvilleJay]

dang I could heat my whole house...6 burners + oven !!!
just have 'sticker shock' for the 3' wide SS with a shelf.....
I'm Dutch by osmosis...

 

[TheOldHokie]

Heck of a savings if you need the LP version.

Uep - its a clearance price. I have been holding off buying until the upcoming kitchen remodel gets started but the price forced my hand. Its going to replace this 33 year old freestanding Garland so with the help of a couple strong lads I can swap them out easily enough. But cant do that without the high backguard - heat output is too great to set it against an exposed flammable wall..

Dan

 

[North Idaho Wolfman]

So far all we are hearing about are the civil claims. I am wondering if there will be criminal charges filed next. Attempting to shift ownership to family members to protect assets is a criminal activity when it is done immediately before or during a bankruptcy filing. With state criminal charges and convictions, you have a chance of parole, but with federal sentencing, if the judge gives you 10 years, you will serve the full 10 years. Bankruptcy is a federal proceeding in federal courts. Just lying to a Federal agent can get you 3 years in a federal prison. Don't believe me, then ask Marth Stuart.

There is no confirmed bankruptcy filings.
So he can sell and manipulate to his hearts content, or until a judge / court says stop.

 

[Trustable]

Uep - its a clearance price. I have been holding off buying until the upcoming kitchen remodel gets started but the price forced my hand. Its going to replace this 33 year old freestanding Garland so with the help of a couple strong lads I can swap them out easily enough. But cant do that without the high backguard - heat output is too great to set it against an exposed flammable wall..

Dan

View attachment 122852

That is a serious looking setup!

 

[mcmxi]

Pay in advance and wait a couple weeks is not unusual. Pay in advance and wait 8 months is very unique.

We'll see how long @The Evil Twin has to wait.

As I said in an earlier post that was deleted by a moderator, you can pay a few thousand for a suppressor and have to wait for up to a year before you're allowed to pick it up. That's a common occurrence and FFL/SOTs have been known to go out of business during the waiting period. I don't know what the protocol would be in that situation in terms of any NFA inventory but it would suck for the customer.

When I sold the MX6000 open station, the buyer wasn't going to move to Montana for four or five months. He paid me $36k or thereabouts and I had his money and the tractor for many months after that. Talk about trust. Turns out that he shorted me $100 when he paid for the tire chains. One of the notes was counterfeit and I never noticed, but the bank teller sure did! In his defense I doubt that he realized either.

 

[mcmxi]

Pay in advance and wait a couple weeks is not unusual. Pay in advance and wait 8 months is very unique.

EAs practices were nothing like that.

Dan

I know that many here were not a fan of EA's pay up front policy, but it never bothered me since they were until recently in good standing. No one reported any issues other than long lead times and the products had a well deserved reputation for quality.

There's a lot of information out there re payment up front, progressive invoicing and traditional invoicing. I realize that the business experts here with their multimillion dollar companies do everything better, but there are many, many examples where customers assume much if not all of the risk and pay large sums of money up front with the expectation of getting what they paid for.

Just one example is paying a contractor to build a house or do some renovation. Many will expect 1/3 down before the job starts and that can be tens if not hundreds of thousands of dollars.

 

[TheOldHokie]

That is a serious looking setup!

We are serious cooks that like fine food

 

[Runs With Scissors]

It will be interesting to hear what the time lag between paying and receiving is.

No doubt a bunch of members here will not be purchasing from Homestead given their pay up front policy, which is/was supposedly unique to Everything Attachments.

Just for reference, I ordered a Homestead Pinnacle BB on 04-22-22 and it was in my driveway on, or about, 06-20-22.

Edit: I opted for their "drop it, and go" delivery method.

 

[mcmxi]

Just for reference, I ordered a Homestead Pinnacle BB on 04-22-22 and it was in my driveway on, or about, the 06-20-22.

I seem to remember @The Evil Twin mentioning a two month wait.

 

[The Evil Twin]

I seem to remember @The Evil Twin mentioning a two month wait.

If I said BB, that was a mistake. I ordered a landscape rake and it's 6-8 weeks out.

 

[hdflame]

This is for real! I paid for a hydraulic scrape blade last Oct with a projected delivery date of Feb 2024. I started trying to get a status update and after multiple attempts did some online searching and found that they are indeed in trouble not only with the bank but also owing back taxes. They charged my Mastercard over $6,000. I just got off the phone with the bank. I have to go by in the morning to sign paperwork to make a claim. I wish it wasn't true because I'd REALLY like to have the scrape blade. They make awesome implements. I have one of their land planes.

 

[North Idaho Wolfman]

As I said in an earlier post that was deleted by a moderator, you can pay a few thousand for a suppressor and have to wait for up to a year before you're allowed to pick it up. That's a common occurrence and FFL/SOTs have been known to go out of business during the waiting period. I don't know what the protocol would be in that situation in terms of any NFA inventory but it would suck for the customer.

Guilty as charged.
I can be a deleting jerk.

I had a friend that did exactly what you stated, he bought a suppressor and the Holding FFL when out of business, he was contacted before they when out of business and was informed that it would be transferred to another FFL and I think the waiting period stayed the same.

I really need to get me a couple of those!
But first I need to find a good AR-10!

 

[hdflame]

“Dang.”..?? You might be one of the luckiest guys around with regard to this saga.

Be glad you found out BEFORE you ordered! I just filed a claim on my Mastercard for charge of over $6,000!! Ordered last Oct and was given a 4 month delivery time. Started checking online searches after calling today and getting a message "Mailbox Full"!
Here's a link to a news story:

MSN

 

[mcmxi]

This is for real! I paid for a hydraulic scrape blade last Oct with a projected delivery date of Feb 2024. I started trying to get a status update and after multiple attempts did some online searching and found that they are indeed in trouble not only with the bank but also owing back taxes. They charged my Mastercard over $6,000. I just got off the phone with the bank. I have to go by in the morning to sign paperwork to make a claim. I wish it wasn't true because I'd REALLY like to have the scrape blade. They make awesome implements. I have one of their land planes.

I hope you get it resolved and get all of your money back. I'd like a hydraulic rear blade such as the Land Pride RBT3596. They're around $4,750 up here. I should never have sold the RB3796 that I bought new for $1,750. It didn't have hydraulics but it was set up for hydraulics if desired.

Land Pride

www.landpride.com

 

[rh74]

I know that many here were not a fan of EA's pay up front policy, but it never bothered me since they were until recently in good standing. No one reported any issues other than long lead times and the products had a well deserved reputation for quality.

There's a lot of information out there re payment up front, progressive invoicing and traditional invoicing. I realize that the business experts here with their multimillion dollar companies do everything better, but there are many, many examples where customers assume much if not all of the risk and pay large sums of money up front with the expectation of getting what they paid for.

Just one example is paying a contractor to build a house or do some renovation. Many will expect 1/3 down before the job starts and that can be tens if not hundreds of thousands of dollars.

As a business owner/contractor, your comparison is way off. Tractor attachments are not custom and can be sold to someone else after it has been built. Building a home or remodeling one is truly custom. Once the work is started it can't be taken back or sold to someone else. The next important thing you missed is that the work is done with a contract and a pay schedule. The amount of the down payment is negotiated if the owner is paying without using a lender. 1/3 down is not normal and shouldn't be accepted by the owner. If a lender is involved, they dictate the pay schedule amounts. The contractor doesn't get paid until they have met the milestones defined in the contract. If a lender is involved they require a third party inspection to verify the milestone has been meet. Then because a contract is involved the contractor can be held on civil and criminal charges.

I'm sorry but no real business (big or small) takes full payment for something without delivering the goods or services. For example take your tractor in for repair, do you pay them in full before they start the work? I don't think so nor will they ask you to.

Trying to justify the pay in full for something that might be delivered in the future is just nuts and why people got scammed.