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A debtor's new business address is of no use to the creditor.  Once a debtor files bankruptcy, the creditor cannot contact him/her, as that contact would violate the Bankruptcy Code, and they could be sued by the debtor.  Contact is limited to the debtor's BK attorney or court-appointed trustee.  I think Verwers filed with the California Central Division, but Google will have all the data.

Creditors already face financial loss, stress and a feeling of abandonment and resentment in a system that is not designed to help them.  The last thing they need is additional legal jeopardy.  My sympathies to all involved.

Last edited by Jim Kelly

Guys& Gals

I have a few things to say about this issue (I will keep this short) 

I had done a lot of business with DV over the last 7 years with that being said I think i know him fairly well. I know this is a unfortunate situation for all involved so i felt i would shed some light on to what has been going on with some of the builds left to be finished. I have been in touch with most (if not all) of his customers that have builds that need to be finished, I have been working with them one by one to try to salvage there builds and get them on the road,with the help of DV I think we can make most of these customers smile again.  I think this process will take some time as we already have our plate full with current builds but I am pretty confident we can make most of these customers happy.

I have had a few conversations with DV and i don't think it was his intentions to do what he did, I do have almost all of the bodies and frames and lots of parts for builds so i would think if he planned this then most of the customers would have nothing. 

 

 

Greg

There is no more honorable, reliable and, in my opinion, better builder and decent guy than Greg Leach.   No surprise whatsoever that he is helping the customers of DV  with their builds, in the hope that all will smile again.   I remain fortunate and delighted that Greg was my builder and have a speedster I couldn’t live without. My thanks to Greg and his team for all they do for all of us

Greg, I sure hope you can help these folks with their builds. Hard to fathom someone running up $1MM in debt without having the intentions to do so. Also, it is a bit difficult to stomach him lying to a customer of his about selling their car for them, and keeping 100% of the proceeds of that sale via Bankruptcy. To me, that is theft, not "business". 

In the event not already EMPHASIZED:  Those who are out $$ need to file claims with the Bankruptcy Court.  Filings are time sensitive.  If you do not file before the deadline, and you are not listed as a creditor, you could jeopardize your chances for recovering any of the $$ you are out.  Do the cost benefit thing, how much are you out versus what it will cost to get a claim filed.  Keep in mind, generally, if you don't live in the jurisdiction of the Bankruptcy Court, it may be wise to get some legal advice from a bankruptcy attorney licensed in the jurisdiction.

Life lesson:  Control is an illusion.  We have little or no control over what happens to us.  We have absolute control on how we respond.  Crying time is over.  How you got here is academic, what you do now, can result you getting some CHC (cold hard cash).

Stuff like this sucks.  We all win with more owners, vendors & suppliers. 

Anyone know Chip Saggau from Scottsdale AZ another thief that just got out of prison.He sold many cars that did not belong to him a total of 3.5 Million. He was best friends with Alice Cooper.He is paying $50.00 a month what joke.The good thing is he is on parole for the next 5 years.He got me for $15,000 don’t if I’ll ever see any of it. My email is sportsltdcars@yahoo.com 

Last edited by Robert Weaver

Wow what a read. I bought an unassembled 550 from Daniel in December of 16. I found it hard to get ahold of him at times but when I did he was very straight forward and what I figured he was very busy. But my purchase was a collection of parts not a build. I finally gave him a date that I was showing up with a trailer to pick up all my parts. He had all my stuff inventoried and in totes and annotated a few things he was short and owed to me. After I got home I went through every part and he was pretty accurate with the inventory sans a few options I had paid for.  He shipped me all the remaining parts after a couple calls to remind him.  When I picked up my body and parts we talked and my friends and I all agreed he had an opportunity for a successful business but was trying to do everything instead of manage a business. I was convinced he is a detailed passionate builder but should have hired a business manager.  His work was exceptional, he had plenty of orders, but did not have a handle on  managing the success.  Now I’m glad I made away with my entire purchase but I’m truly sorry for those that got stung. It’s unfortunate.  I am finally starting my build after 1 year waiting for delivery and 2 years in storage as I finished other projects. I can’t help but feel that the bins of parts I have were going into someone’s build but I gave him a date and they became mine.  To that theory, he had me wait 2 weeks to get my seats done by his upholstery guy ... I told him I don’t like the diamond pattern and he was good with that. Go figure.  I was always polite with him and he with me ... he was just buried.  I wish he’d been successful. 

As covered in previous posts, any one who commissions a build takes on a substantial financial risk.  If you can't absorb a financial loss equivalent to the total cost of the build, it may be wise to look for an already built car.

Once you make that first progress payment, you're locked in.  Sometimes it has nothing to do with malice, people die get sick, bad suppliers.  Scary stuff.

Presuming Seduction will file or has filed for bankruptcy protection, the presiding Bankruptcy Court will have to approve all transactions in the preceding 90 days before the filing date and going forward. 

As previously stated, get an attorney.  Bankruptcy protection means among other things, you can go to prison if you violate Bankruptcy law.

@Davros99

I'm sure any help you need with your build you can get either here or at spyderclub.com. I've put two Spyders together(mostly), the second more than the first.

Any parts you need either Greg at Vintage or Carey at SE/Beck are your go-to guys.

Greg made your body and frame anyway, even though DV thinks he was a "builder". Yeah, he had some custom touches but he finished and sold Vintage Spyders as his own creation.

http://classiccardb.com/replic...-bespoke-outlaw.html

 

Seduction Motorsports SM550 Spyder Pre-Order “Rolling” or “Turnkey Package” Please read before bidding. This auction is to pre-order the construction of your very own built SM550 Spyder. The price is based off the standard vehicle features in which we have standardized with all Seduction Motorsports Spyder builds which sets our Spyders apart from the rest. Pricing starting at: $35. 99. 00 USD

Last edited by euro951
@euro951 posted:

http://classiccardb.com/replic...-bespoke-outlaw.html

 

Seduction Motorsports SM550 Spyder Pre-Order “Rolling” or “Turnkey Package” Please read before bidding. This auction is to pre-order the construction of your very own built SM550 Spyder. The price is based off the standard vehicle features in which we have standardized with all Seduction Motorsports Spyder builds which sets our Spyders apart from the rest. Pricing starting at: $35. 99. 00 USD

@euro951 posted:

His white 550 with Seductive Decals and 19" black rims, FOR SALE $49K no decals, 15" 914 eng

@euro951 posted:

Looks like he is still selling Vintage cars as middle man..........hmmmmm  

Item location:Chandler, Arizona, United States

No he’s not. The website, or someone using the website, has copied an old ad and is trying to scam people into making a deposit. 

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