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Reflections on GTM over the years

Originally Posted by MMC Racing Getting the first judgment will be the easy part. Collecting on that judgment is going to be hard and expensive with very little chance of

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Old 09-23-2014, 01:37 PM   #11 (permalink)
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Originally Posted by MMC Racing View Post
Getting the first judgment will be the easy part. Collecting on that judgment is going to be hard and expensive with very little chance of success. Every additional dollar you put into trying to get your money back will just be more money down the drain.

The only creditors that will get any satisfaction out of this is they ones that leased him equipment. They will get their equipment back. They still will need to eat the lost lease payments, transportation, and reconditioning.


Unless there are hard assets you can repo, I'm afraid you may be left holding a judgement in your favor and a pocketful of nothing. There's no doubt in my mind that there are no assets to go after. Man, I hope I'm wrong and you get made whole, but I'm afraid you're about to find out how broke Sam is.
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