GREENSBORO, N.C. — A Greensboro woman came aback from her Christmas breach to acquisition out the business area she formed no best existed. The architecture that already housed International Minute Press is now absolutely abandoned abrogation advisers and barter with annihilation but questions.
Finding out you don’t accept a job afterwards a Christmas vacation is a appealing unenviable position.
Related: Greensboro business abruptly closes, advisers acknowledgment from Christmas vacation to abandoned store
But what do you do if you’re a customer who’s paid for some casework from a business that abruptly shuts down?
We arrested with the Bigger Business Bureau and they say it all affectionate of revolves about bankruptcy.
If the aggregation has broke but hasn’t filed for bankruptcy, the BBB says to attending for a bulletin for barter at the company’s antecedent concrete location. You can additionally analysis with a adjoining business and try to ability the owner. If you accept acreage on the premises, ask the freeholder if you can accept admission to get your stuff. If all abroad fails, acquaintance badge to get your acreage out of the building.
So what if the aggregation did go bankrupt? The BBB says it still depends on the blazon of bankruptcy.
There are about two types of business defalcation that you will encounter: Chapter 7 and Chapter 11.
A Chapter 11 defalcation allows a aggregation to accumulate alive while it reorganizes its affairs and assets stability. If that happens, you can redeem all your allowance cards and casework as usual. Sadly, abounding Chapter 11 bankruptcies abort and accelerate into Chapter 7. Put simply, if you apperceive a aggregation has declared defalcation but is still open, redeem your allowance cards and casework as anon as possible. If the aggregation goes into Chapter 7, your affairs of accepting your money aback will bead drastically.
Chapter 7 defalcation armament the aggregation to abutting bottomward and abandonment their assets to pay aback taxes, creditors, employees, and customers, usually in that order. Unfortunately, all the money is usually gone by the time it gets to the employees.
But if the aggregation is in Chapter 7, it’s not absolutely time to agitation yet. If you paid for casework application a allowance card, you can altercation the allegation on your agenda and possibly get the money back. If you paid via analysis or cash, you’ll charge to book a affirmation with the defalcation cloister overlooking the action if you appetite to get your money back.
We accomplished out to our bounded BBB. They added that if you paid for a account from International Minute Press, bethink these two things:
1. If you paid with a acclaim card, book your affirmation as “fraud” beneath the area that you paid for a artefact or account that you will never receive. Most acclaim agenda companies will abandon the 90-day time anatomy that they usually enforce, giving you a bigger adventitious of accepting your money.
2. And back this business is a franchise, try contacting the authorization address to see if they can advice in any way.
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