A & M Transportation & Warehousing Services
- Thread starter dee5276
- Start date
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xwestcarriers
RBA Financial - is that Michael Luhton from Baron Finance you are speaking of? If so - I spoke with him numerous times regarding another bankruptcy/buy out business deal with a delinquent broker he was making back in May. You can't trust anything that comes out of his mouth regarding any of his "clients" or "resolutions" - they don't pan out....
RBA Financial - is that Michael Luhton from Baron Finance you are speaking of? If so - I spoke with him numerous times regarding another bankruptcy/buy out business deal with a delinquent broker he was making back in May. You can't trust anything that comes out of his mouth regarding any of his "clients" or "resolutions" - they don't pan out....
10
Those guys at Baron Finacial are some wierd buckaroos. They drove all the way up here (New Liskeard) in a wicked January storm trying to get us to factor through them, they were definately conected to Ram Western somehow and also had alot of knowledge about Dubuc Xpress and the owner Kirill Sosounov. Some of the their collection tactics sounded a little bizzare for a factoring company i.e. holding freight hostage etc. Russian mob in my opinion.
settlement offer
I've only been offered a settlement once, at 35 cents on the dollar.
The offer was quickly rescinded however, when I insisted that acceptance would only be granted if this offer was pursuant to an orderly wind up of their business, and that the directors of the company were to personally and severally guaranty by notarized affidavit, to pay me the full amount as well as any interest accruing at 2% per month if the company did not wind up their business affairs within six months.
They never did go out of business and did pay the full amount when served with a SCC plaintive's claim.
Beware this dispicable tactic used by the unscrupulous as a way of getting huge discounts!
I've only been offered a settlement once, at 35 cents on the dollar.
The offer was quickly rescinded however, when I insisted that acceptance would only be granted if this offer was pursuant to an orderly wind up of their business, and that the directors of the company were to personally and severally guaranty by notarized affidavit, to pay me the full amount as well as any interest accruing at 2% per month if the company did not wind up their business affairs within six months.
They never did go out of business and did pay the full amount when served with a SCC plaintive's claim.
Beware this dispicable tactic used by the unscrupulous as a way of getting huge discounts!
30
We just got offered 50 cents on the dollar for a $425 bill, the interesting thing is if these crooks actually bought the receivables from A&M I'm going to take them to small claims court just for the fun of it.
30
Just got of the phone with A&M did a load for them and they just called to say that they recieved our bill on Friday. First thought was well that was a great call until the guy says that if we want to be paid in 30 days we have to take quick pay at a 3% discount or it will be a minimum of 60 to get paid.
Welcome to my DNU you new Canadian crooked PR.
Welcome to my DNU you new Canadian crooked PR.
10
Just got of the phone with A&M did a load for them and they just called to say that they recieved our bill on Friday. First thought was well that was a great call until the guy says that if we want to be paid in 30 days we have to take quick pay at a 3% discount or it will be a minimum of 60 to get paid.
Welcome to my DNU you new Canadian crooked PR.
I seriously doubt they will even pay in 60 days. Take the 3% if you can get paid right away, their equifax rating shows they have serious problems. Who knows if they'll still be around in 60 days!
10
Just got of the phone with A&M did a load for them and they just called to say that they recieved our bill on Friday. First thought was well that was a great call until the guy says that if we want to be paid in 30 days we have to take quick pay at a 3% discount or it will be a minimum of 60 to get paid.
Welcome to my DNU you new Canadian crooked PR.
I seriously doubt they will even pay in 60 days. Take the 3% if you can get paid right away, their equifax rating shows they have serious problems. Who knows if they'll still be around in 60 days!
bullshit
if they offer you quick pay and you dont want it,all you have to say is no and wait for your cheq.if you wanted quick pay you should have taken it.why complain.at least they called you to talk about it.you should keep yourself busy instead of complaining.
if they offer you quick pay and you dont want it,all you have to say is no and wait for your cheq.if you wanted quick pay you should have taken it.why complain.at least they called you to talk about it.you should keep yourself busy instead of complaining.