E90Post
 


Extreme Powerhouse
 
BMW 3-Series (E90 E92) Forum > E90 / E92 / E93 3-series Powertrain and Drivetrain Discussions > N54 Turbo Engine / Drivetrain / Exhaust Modifications - 335i > HorsepowerFreaks HPF out of business?!?!?!?!



Reply
 
Thread Tools Search this Thread
      05-09-2013, 01:06 PM   #265
falconey
Captain
483
Rep
681
Posts

Drives: 18 f80cs, 21 f97
Join Date: Mar 2013
Location: atlanta

iTrader: (0)

Found this with a quick google search...

http://homeguides.sfgate.com/evict-t...ding-3028.html

Items 10 and 11 have relevance here....


10

Wait the 15 days allowable by law for the tenants to claim any possessions from the property if the sheriff completes a lockout. Mail a “notice of belief of abandonment” to the tenant’s address you have on record if the tenant leaves of his own accord. This notice gives the tenant 18 days to reclaim possession of his belongings, which you must store safely for him. Take a picture and inventory property before storing to prevent accusations of theft.
11

Dispose of the tenant’s property after the waiting period if its value is $300 or less. Auction it through public sale if the value is greater than $300. Publish the auction information in a newspaper weekly for two weeks before the sale, and hold the auction after five days from the last published date.
Appreciate 0
      05-09-2013, 01:17 PM   #266
ZooyorQ
Private First Class
11
Rep
147
Posts

Drives: BMW M3
Join Date: Sep 2010
Location: Bay Area

iTrader: (0)

Quote:
Originally Posted by falconey View Post
Found this with a quick google search...

http://homeguides.sfgate.com/evict-t...ding-3028.html

Items 10 and 11 have relevance here....


10

Wait the 15 days allowable by law for the tenants to claim any possessions from the property if the sheriff completes a lockout. Mail a “notice of belief of abandonment” to the tenant’s address you have on record if the tenant leaves of his own accord. This notice gives the tenant 18 days to reclaim possession of his belongings, which you must store safely for him. Take a picture and inventory property before storing to prevent accusations of theft.
11

Dispose of the tenant’s property after the waiting period if its value is $300 or less. Auction it through public sale if the value is greater than $300. Publish the auction information in a newspaper weekly for two weeks before the sale, and hold the auction after five days from the last published date.
What one has to wonder was if the eviction notice was given 15 days before the day Chris let everyone go and disappeared.. and he try to forge through it and attempted to pay the rent before the locks went on.. I have to imagine thats what happened.. i doubt he got that notice/letter/what not literally the same day he let everyone go. Where is the benefit for any party involved (be it Chris/HPF, the landlord, etc) to keep customers cars locked up.
__________________

849rwhp/629rwtq - 10.56@142.7 - 5.6s 60-130 on street tires on 19x10" wheels - manual 6spd
Appreciate 0
      05-09-2013, 01:26 PM   #267
ajsalida
Colonel
ajsalida's Avatar
226
Rep
2,387
Posts

Drives: 95 M3, 02 R1150GSA, 09 335xi
Join Date: Aug 2010
Location: SW USA

iTrader: (2)

Quote:
Originally Posted by ZooyorQ View Post
What one has to wonder was if the eviction notice was given 15 days before the day Chris let everyone go and disappeared.. and he try to forge through it and attempted to pay the rent before the locks went on.. I have to imagine thats what happened.. i doubt he got that notice/letter/what not literally the same day he let everyone go. Where is the benefit for any party involved (be it Chris/HPF, the landlord, etc) to keep customers cars locked up.
Somehow someone or maybe many someones got a promise of payment subsequent to that anticipated lawsuit award, when that did not happen the SHTF apparently. Look forward to the whole story at some point.

What amazes me, if this guy had any sympathy for customers or employees, why some notice or explanation has not been put up somewhere. At least telling folks what the process/timeline will be to recover funds, orders, (entire CARS for christ's sake) etc. Hell who to call at least.

Really shady.
Appreciate 0
      05-09-2013, 01:33 PM   #268
M5Rlz
Colonel
249
Rep
2,202
Posts

Drives: R8, f10m59(Rip), m4, GTR
Join Date: Feb 2013
Location: MD

iTrader: (3)

Quote:
Originally Posted by ajsalida View Post
What amazes me, if this guy had any sympathy for customers or employees, why some notice or explanation has not been put up somewhere. At least telling folks what the process/timeline will be to recover funds, orders, (entire CARS for christ's sake) etc. Hell who to call at least.

Really shady.
I agree with that. Sounds like he threw his hands up and said f* it.
Appreciate 0
      05-09-2013, 01:44 PM   #269
ajsalida
Colonel
ajsalida's Avatar
226
Rep
2,387
Posts

Drives: 95 M3, 02 R1150GSA, 09 335xi
Join Date: Aug 2010
Location: SW USA

iTrader: (2)

Quote:
Originally Posted by 335iRlz View Post
I agree with that. Sounds like he threw his hands up and said f* it.
Or "sitting on a beach earning 20 percent", or maybe even "sleeping with the fishes", etc. Have a feeling this story has a few chapters left. Hope everyone who is owed money/parts/cars manages to recover some or most of it.

Again if you are owed something and paid for it via CC, call your card company. If any funds were disbursed to him then the CC company becomes the creditor, no need for you to be one, and usually you'll get credited back full amount.
Appreciate 0
      05-09-2013, 01:45 PM   #270
SharkBait
First Lieutenant
14
Rep
308
Posts

Drives: 2010 E92 335i
Join Date: Jan 2013
Location: Lost Angeles

iTrader: (0)

Garage List
Quote:
Originally Posted by falconey View Post
Found this with a quick google search...

http://homeguides.sfgate.com/evict-t...ding-3028.html

Items 10 and 11 have relevance here....
More like secure as many possessions as possible as collateral against unpaid rent to put pressure on the former tenant. Doubtful the landlord will be able to hold any possessions for long especially when some are not even the property of the former tenant.

Bankruptcy would have been the right choice but this seems to be more than just a series of unfortunate circumstances and bad decisions. From what I've read, the fraud occurred quite some time ago, so purely from a balance sheet perspective, they must have been in trouble for a long time now.
Appreciate 0
      05-09-2013, 02:04 PM   #271
AYF80
Major
81
Rep
1,142
Posts

Drives: 2015 AY F80
Join Date: Sep 2009
Location: Nashville, TN

iTrader: (0)

Car "Should" be free in the AM... Both the building manager and Chris's attorneys are explaining to the Manager that he cant keep customers cars locked up. Chris was told to make a list of all property that does not belong to him, VIN's en such. Everyone who has cars and parts in there should be getting a call in the AM.

Shall see...
Appreciate 0
      05-09-2013, 02:05 PM   #272
King mode
First Lieutenant
8
Rep
374
Posts

Drives: 335xi
Join Date: May 2012
Location: Denver

iTrader: (0)

It feels like reporting the car stolen might be a wise choice if they won't release it. Good luck with it. Sticky situation for sure.
__________________
2008 335xi AT
Cobb AP stage 1, drop in filter, the rest stock
13.10@106.01 w/ 1.86 60' (5,800' altitude)
Appreciate 0
      05-09-2013, 02:11 PM   #273
AYF80
Major
81
Rep
1,142
Posts

Drives: 2015 AY F80
Join Date: Sep 2009
Location: Nashville, TN

iTrader: (0)

Quote:
Originally Posted by King mode View Post
It feels like reporting the car stolen might be a wise choice if they won't release it. Good luck with it. Sticky situation for sure.
Yeah, should be able to sleep for the first time in 3 nights.
Appreciate 0
      05-09-2013, 02:13 PM   #274
dlbrooks18
Brigadier General
dlbrooks18's Avatar
161
Rep
3,736
Posts

Drives: e90 335i
Join Date: Nov 2008
Location: Los Angeles

iTrader: (2)

Quote:
Originally Posted by HPF 335i #1 View Post
Car "Should" be free in the AM... Both the building manager and Chris's attorneys are explaining to the Manager that he cant keep customers cars locked up. Chris was told to make a list of all property that does not belong to him, VIN's en such. Everyone who has cars and parts in there should be getting a call in the AM.

Shall see...
Would think that you could get the local police involved to get your car freed, but I'm sure the owner/customer would have to directly go pick up their car and bring documentation, etc...
__________________

2008 E90 335
Appreciate 0
      05-09-2013, 02:17 PM   #275
bplewis24
Lieutenant
bplewis24's Avatar
United_States
189
Rep
537
Posts

Drives: 2019 LBB M2 Comp; Tesla Model3
Join Date: Dec 2012
Location: Sacramento, CA

iTrader: (1)

I swear a movie will be made about this crap someday. It's bananas.
__________________
Brandon
Appreciate 0
      05-09-2013, 02:19 PM   #276
Burtonium
New Member
5
Rep
26
Posts

Drives: Former B7 driver
Join Date: Mar 2009
Location: NE OH

iTrader: (0)

Quote:
Originally Posted by King mode View Post
It feels like reporting the car stolen might be a wise choice if they won't release it. Good luck with it. Sticky situation for sure.
I don't think that's an option, the car isn't stolen by definition. It's really a civil matter at this point. I bet if the owner told the story to the PD, they would say sorry, you need to speak with a lawyer, it's not criminal, but civil.
Appreciate 0
      05-09-2013, 02:39 PM   #277
AYF80
Major
81
Rep
1,142
Posts

Drives: 2015 AY F80
Join Date: Sep 2009
Location: Nashville, TN

iTrader: (0)

Im going to bed.
Appreciate 0
      05-09-2013, 02:47 PM   #278
turborevdboy11
Private First Class
5
Rep
160
Posts

Drives: 2007 BMW 335i
Join Date: Sep 2012
Location: 808

iTrader: (1)

Appreciate 0
      05-09-2013, 03:23 PM   #279
Eric335
Colonel
Eric335's Avatar
United_States
130
Rep
2,489
Posts

Drives: 2007 E92 SG 335i 6MT
Join Date: Apr 2011
Location: SW Florida

iTrader: (0)

Garage List
2007 BMW 335i  [7.66]
Quote:
Originally Posted by Vic311 View Post
Rule #1 of any business, is make sure your accounting and financial controls are in place. Obviously they weren't, it's also probably why the insurance paid out so little
Very true +1
__________________
Appreciate 0
      05-09-2013, 04:16 PM   #280
maui86
Captain
United_States
37
Rep
738
Posts

Drives: 07 335i
Join Date: Nov 2007
Location: paradise

iTrader: (1)

I dont know how it is in Oregon, but in Hawaii, a landlord can't refuse a full or partial rent payment from a tenant for up to 7days AFTER the due date. After the 7days the landlord/management can deny any payments and file for eviction/termination of lease based on failure to pay.

IF the landlord/management accepts anything after, the lessee can take them to court and claim "good faith" that they will make good on their payments and delay the eviction if the legal system tends to side with the tenants(in Hawaii they do). This could be the reason they wont accept anything from Chris. If he has lets say, 6months left on his lease, he could manipulate the system to stay several more months or worst case(for the LL/Mang) the rest of the lease on partial payments.

Some states don't have a grace period after a rents due date, which makes 6months to a year+ lease options a lot less riskier.

Teri
__________________
http://videos.streetfire.net/video/s...rays_37268.htm

gotta do what i gotta do to get them donuts
04 spec-v: rip dec07
Appreciate 0
      05-09-2013, 04:39 PM   #281
Beemw335
Colonel
62
Rep
2,013
Posts

Drives: 335i
Join Date: Mar 2011
Location: My car is my home

iTrader: (2)

If you know your gonna close up shop, out of respect or your customers atleast make sure you get other peoples cars/parts out of there.
Even if he does open back up, whoever does business with Chris after this is an idiot.
Appreciate 0
      05-09-2013, 06:01 PM   #282
caliguy562
Lieutenant
8
Rep
476
Posts

Drives: E92 335i
Join Date: Dec 2007
Location: garaged somewhere in soCal

iTrader: (3)

Quote:
Originally Posted by Beemw335 View Post
If you know your gonna close up shop, out of respect or your customers atleast make sure you get other peoples cars/parts out of there.
Even if he does open back up, whoever does business with Chris after this is an idiot.
Couldn't agree more. It was a bad business move and I'm sure he lost a lot of customers with this stunt.
Appreciate 0
      05-09-2013, 06:28 PM   #283
dlbrooks18
Brigadier General
dlbrooks18's Avatar
161
Rep
3,736
Posts

Drives: e90 335i
Join Date: Nov 2008
Location: Los Angeles

iTrader: (2)

Quote:
Originally Posted by Beemw335 View Post
If you know your gonna close up shop, out of respect or your customers atleast make sure you get other peoples cars/parts out of there.
Even if he does open back up, whoever does business with Chris after this is an idiot.
I have respect for HPF and all they did for the E46 M3 platform, but yes I too question this, especially with ZooyorQ indicating that Chris was able to get his shop cars out in time..
__________________

2008 E90 335
Appreciate 0
      05-09-2013, 08:21 PM   #284
NR335i27
New Member
0
Rep
6
Posts

Drives: White BMW 335i
Join Date: Mar 2013
Location: Nova

iTrader: (0)

Hope everything works out for the best

Appreciate 0
      05-09-2013, 08:36 PM   #285
Eleventeen
Second Lieutenant
30
Rep
288
Posts

Drives: G42 M240i
Join Date: May 2009
Location: South Jersey

iTrader: (3)

Quote:
Originally Posted by UltimateLurker View Post
I can't fathom why you deserve "donations" from other members to finish such an unnecessary and excessive upgrade. You made a horrible impulsive mistake shipping your only vehicle, a $40-50k luxury sports car across the country to be the guinea pig of a huge custom project. If you don't have the funds to even ship your BMW back to you, you need to sell your car and reprioritize your life. I'm not at all surprised your wife is pissed. If I were her and you pulled this shit, I would leave.
Wow, nice head, dick...
Appreciate 0
      05-09-2013, 08:47 PM   #286
Shvwn_
Private
United_States
4
Rep
69
Posts

Drives: e90 335i
Join Date: Apr 2013
Location: Miami/Jersey

iTrader: (0)

Count me in, I'll be glad to donate. Sorry for this unexpected trouble HPF 335i hard to see this man. Hope it all works out for you, best of luck
Appreciate 0
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 08:18 PM.




e90post
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST