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For the OT Biz Bankruptcy gurus...

Posted on 5/15/17 at 4:18 pm
Posted by ntrcptr
Baton Rouge
Member since Nov 2009
634 posts
Posted on 5/15/17 at 4:18 pm
So, a couple months ago, a supplier went belly up on me. Now I get a letter from a Law firm asking me to pay an old invoice that they had on their books. Do I have to pay them? What say the OT?
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 5/15/17 at 4:19 pm to
Do you owe them money?

Posted by VABuckeye
Naples, FL
Member since Dec 2007
35528 posts
Posted on 5/15/17 at 4:19 pm to
It's a debt you owe.
Posted by ellishughtiger
70118
Member since Jul 2004
21135 posts
Posted on 5/15/17 at 4:20 pm to
quote:

Now I get a letter from a Law firm


Yea, they'll probably sue you if you don't.
Posted by mr. penguin
Member since Jun 2009
7467 posts
Posted on 5/15/17 at 4:20 pm to
Call the Trustee, but if' you're a debtor, you gotta pay.
Posted by captainahab
Highway Trio8
Member since Dec 2014
1600 posts
Posted on 5/15/17 at 4:20 pm to
If you owe it then they (the Law Firm) will get it.
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 5/15/17 at 4:20 pm to
quote:

So, a couple months ago, a supplier went belly up on me. Now I get a letter from a Law firm asking me to pay an old invoice that they had on their books. Do I have to pay them? What say the OT?



if they are reorganizing via bankruptcy how does that let you off the hook for something you owe them?
Posted by Winston Cup
Dallas Cowboys Fan
Member since May 2016
65497 posts
Posted on 5/15/17 at 4:21 pm to
piss and shite on the invoice and mail it back to them "bill receiver"

-the ot
Posted by Tigeralum2008
Yankees Fan
Member since Apr 2012
17133 posts
Posted on 5/15/17 at 4:21 pm to
Tell em you paid in cash and didn't receive a receipt
Posted by Royal
God's Country
Member since Apr 2009
1003 posts
Posted on 5/15/17 at 4:21 pm to
Nah, just throw it away.
Posted by ntrcptr
Baton Rouge
Member since Nov 2009
634 posts
Posted on 5/15/17 at 4:22 pm to
That's what I was thinking. Thanks for the clarification, Gents!

Posted by PearlJam
NotBeardEaves
Member since Aug 2014
13908 posts
Posted on 5/15/17 at 4:22 pm to
quote:

supplier went belly up on me
Probably because customers that didn't pay
quote:

old invoices

Posted by The Mick
Member since Oct 2010
43103 posts
Posted on 5/15/17 at 4:22 pm to
Yes you owe it.
Posted by The Mick
Member since Oct 2010
43103 posts
Posted on 5/15/17 at 4:24 pm to
How did the supplier go "belly up" on you if you owe them money? Did you both owe each other for various things?
Posted by ntrcptr
Baton Rouge
Member since Nov 2009
634 posts
Posted on 5/15/17 at 4:42 pm to
I was net 30 with them. I didn't do a TON of biz with them.
In addition, it was one of those "Middle of the night" / "Phones don't work this a.m." type thing. Didn't know they were gone till I saw an email from an industry publication. Haven't heard ANYTHING from them for 6 months or so till this letter.
Posted by The Mick
Member since Oct 2010
43103 posts
Posted on 5/15/17 at 4:48 pm to
How much is owed if you don't mind me asking?
Posted by JetFuelTyga
Born in desert,raised in lion's den
Member since Feb 2016
1786 posts
Posted on 5/15/17 at 4:49 pm to
My best guess would be around $750
Posted by ntrcptr
Baton Rouge
Member since Nov 2009
634 posts
Posted on 5/15/17 at 5:03 pm to
Dauym, TYGA. You reading my mail?

791.60

Posted by Double Oh
Louisiana
Member since Sep 2008
17795 posts
Posted on 5/15/17 at 5:05 pm to
Ask them if they want to settle with you? I mean they are going to have to settle with the people they owe money to correct. Me personally I would tell them to get faked and let them sue me and take it from there.
Posted by southernelite
Dallas
Member since Sep 2009
53177 posts
Posted on 5/15/17 at 5:07 pm to
Pay it you cheap piece of shite.
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