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> ----- Lender seeks to foreclose on Orange County Choppers -----

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BloodyTampon
#1 2010-11-18 04:36:59

----- Lender seeks to foreclose on Orange County Choppers -----

VP_Spiro_T_Cheney wrote:

This is a *corporation* going bankrupt, not anyone in the family.  The corporation borrowed a shyt-ton of money, the Teutels were paid very very well while the money lasted and now they walk away with zero liability.

Exactly what they did before with their steel business.

True.  Sr will bankrupt the company then retire.  Jr will keep his business going.   Sr will have no debts to pay off when he bankrupts the company.

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#2 2010-11-18 04:38:56

Re: ----- Lender seeks to foreclose on Orange County Choppers -----

who would have thought that selling shytty bikes for 100K each to rednecks was unsustainable?

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BitterRentard
#3 2010-11-18 05:12:30

Re: ----- Lender seeks to foreclose on Orange County Choppers -----

I bet junior goes tits up too. I bet he borrowed a shytload of money as well. He bought a huge house and then opened a huge shop full of new equipment before he even had one customer lined up. Then the first thing he did was employ a bunch of people to build him a bike for himself. I've been wondering for while if the show really paid so much that Jr could buy all that shyt with no revenue. Now we see from Sr that there's lots of debt. Jr knows a lot less about business than the old man does so it shouldn't be long before they're both heading to court again only this time they'll be in line for the bankruptcy judge.

I agree with IE that they've completely blown it by not exercising a little restraint and self capitalizing for the long haul. They were given a rare opportunity through that show. Without the show they probably wouldnt have made it more than a couple years.

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TheNiceNazi
#4 2010-11-18 10:01:49

Re: ----- Lender seeks to foreclose on Orange County Choppers -----

My white trash retard step-father watched that lowbrow shyt.  I think the only reason he did it was because Paul Sr - the old useless whiny fuq - treated Paul Jr - the guy with the skills - like shyt.  Watched it myself for five minutes before the stupid was too thick.

How was any given show different from any other episode?

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Otis Fudfuqer
#5 2010-11-18 10:49:59

Re: ----- Lender seeks to foreclose on Orange County Choppers -----

Stealing_Mirrors wrote:

Is that show still on?  I've seen it twice and it was some mind numbingly boring shyt.

Whatchu doin' ova der yous idiots?
\
fatbanana

Breakin' shyt
\
fatter

You were actually able to watch it twice?

I've never been able to watch more than 4 to 5 minutes at a sitting maybe twice.  Ten minutes tops of watching that show lets you know you don't want to see it.

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Reginald_Steel
#6 2010-11-18 12:37:44

Re: ----- Lender seeks to foreclose on Orange County Choppers -----

I'll just have to buy a harley, I can customize it with leather tassells and chrome slip ons.
\
whitetrash

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