Trailer Life Magazine Open Roads Forum: Outfitter Manufacturing files Chapter 11 bankruptcy
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 > Outfitter Manufacturing files Chapter 11 bankruptcy

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silversand

Montreal

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Posted: 10/30/09 08:41am Link  |  Quote  |  Print  |  Notify Moderator

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If Outfitter is still producing 70 TC's per year in the current economy; that is pretty dang good.


You betcha!

Silver-


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Eugarps

Hagerstown, MD

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Posted: 10/30/09 11:38am Link  |  Quote  |  Print  |  Notify Moderator

trails2004 wrote "Doesn't a title agency verify the location of the property?? I also hope this is cleared up soon. Best of luck to the family"

You're right Trails, they should have. In PA & MD, where I practice Land Surveying the title companies hire folks like me to do "Mortgage Surveys," which involve us verifying corners, locating the improvements, and supplying them with all jurisdictional information like street address, town, township, county, and voting district. If they get to the settlement table without all the data, they don't settle and the title company has legal exposure. Not good..... I'd be surprised if the title company doesn't get sued by someone.

I even learned that scenario in Univ. of Wyoming! The might shoot bad title searchers there, I don't know.

Bill

Vic R

Spanish Springs, NV

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Posted: 10/30/09 03:11pm Link  |  Quote  |  Print  |  Notify Moderator

I hope it is nothing more then a technical issue like the TCM article says, and it blows over soon. Not just because they are on my short list for my next camper, but also because I hate to see another innovative quality product disappear forever. At the rate things are going, when this recession is over we are only going to have 2 or 3 choices for campers - not necessarily the best, or the cheapest, etc, just the ones who could ride out the storm. There was a lot of innovation and evolution in the truck camper business over the last decade and it would be a shame if was lost.


2000 Sunlite Eagle SB pop-up truck camper on a 1999 Dodge 3/4 ton Cummins Turbo Diesel, 2wd, 6-speed, quad cab, short bed.

Sportsman Matt

Blackstone, MA

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Posted: 10/30/09 04:20pm Link  |  Quote  |  Print  |  Notify Moderator

I have to say that the guys at Outfitter are better at letting everyone know what's going on, unlike Earthroamer with absolute zero explanation of what happened (but ER did re-open a couple days later under a new company name)

I've seen these things happen, a simple typed wrong letter in the wrong place and it automatically becomes the person or business who's wrong in the bank's eyes, as the bank can "do no wrong" even though they messed up.


Life is short, Play harder.

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trails2004

Wyoming

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Posted: 10/31/09 09:19am Link  |  Quote  |  Print  |  Notify Moderator

If I read the TCM article correctly- they refiananced with another bank- while holding a line of credit with the original bank

How does that work?? How does one change a note to another bank- while still holding a line credit at the orginal institution

It seems to me-lines of credit are issued to business's that have accounts with the institution. Lines of credit are issued when a business's may have slower returns or sales, so they can pay creditors.

Isnt that how the process works??


2002 Dodge Ram 2500 SLT 4x4-2004 Hallmark Cuchara XL 9.5 w/Carbon Fiber Roof,1997 Grumman GV19TC,1997 Haulmark 27ft V nose round top - toy trailer


BradW

Flat Rock, Alabama

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Posted: 10/31/09 11:21am Link  |  Quote  |  Print  |  Notify Moderator

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they say they will be out of chapter 11 in 3 weeks

I think all this speculation with very few of the real details/facts is pointless. The real answer should be know in a few weeks.

Brad


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Freedom 49

Columbia River Gorge

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Posted: 11/02/09 08:08pm Link  |  Quote  |  Print  |  Notify Moderator

As an Outfitter owner who's been less than satisfied, I can't say I am surprised. My experience with them fits perfectly with a business that fails. I spent a lot of time in their shop, and not once did I see anybody from the front office lift a finger to try and sort out the chaos I found their workplace to be.

I was considering having Outfitter sell my Apex for me this summer; I had heard rumours of impending bankruptcy, and while I thought they were baseless, it did make me wonder if my camper would be seized by a bank if I left it on the lot. Just the uncertainty made me decide against leaving it with them.

Economic uncertainty is the new reality for RV manufacturers; so much of their business depended on credit. I don't foresee favourable credit conditions returning any time soon.

One thing is for certain, this is a time when this forum will be a valuable source of information for Outfitter owners. I have some issues that I am going to need advice on; hopefully I will be able to find it here.

trails2004

Wyoming

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Posted: 11/03/09 03:41am Link  |  Quote  |  Print  |  Notify Moderator

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.... I don't recall ever reading a post from a dissatisfied Outfitter owner.


Freedom sounds like he has had some issues with the service.

trails2004

Wyoming

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Posted: 11/03/09 03:52am Link  |  Quote  |  Print  |  Notify Moderator

Is Big John still in business on the front half of the building??

BradW

Flat Rock, Alabama

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Posted: 11/03/09 04:16am Link  |  Quote  |  Print  |  Notify Moderator

trails2004 wrote:

Quote:

.... I don't recall ever reading a post from a dissatisfied Outfitter owner.


Freedom sounds like he has had some issues with the service.


Yep, there is one.

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