Tweeter Stores to Remain Closed, Warehouse Sale to Come

That’s bullshit. The police have no idea what’s going on in the courts, in regards to Tweeter’s liquidation; nor would they care. If someone broke into a business, they would be arrested.
And with the money they’re still owed, no former GSM is going to care if someone breaks into a store.
That previous post wasn’t by the real “motion”.

In bankruptcy, whoever provides financing gets a priority for their claims to be paid. Otherwise why would anyone finance these things?  The trustee has one job only, maximize the debtors estate for recovery.  The bankruptcy financier, apparently Wells Fargo, gets 1st in line because he money helps maximize the asset liquidation. Then the secured lenders get theirs.  The Judge decides on all claims.  The bankruptcy court has the same mission: maximize the estate.  If there was enough money for everyone’s claim, they wouldn’t be bankrupt.

Tom, you happened to catch me while I was online. Please research the actions of George Schultze, the owner of Tweeter, and you’ll discover his sleazy method of disposing of the company to pay off his debt to Wells Fargo while stealing as much money as possible from everyone else to do so. The trustee, George Miller, is a sniveling low level accountant who has given Schultze everything he wants and the judge is a spineless woman who says ok to every request made by the debtor. George Schultze should take out his checkbook and start paying for the mess he created but he’d rather use everyone else’s money. The guy is a total dirtbag in the world of big business and unfortunately he has lots of unethical friends. Want to dispute me? Bring it on.

Tom, I think everyone involved is somewhat aware of how bankruptcies work. The issue i as a customer have, and the issue the employees have is the manner in which it was handled.  We know Tweeter has no money, which is why Schultze opted to steal money from customers and from employees.  He tried to make himself look noble by offering to refund any deposits to customers, but then filed the bk early so these refunds could not be made.  He closed shop without warning to employees and then didnt pay them properly.  He took the cash that he had and instead of taking care of the little guy, he paid wells fargo instead.  All these calculated decisions screwed over everyone except himself and Wells.  He could have made everyone whole, but instead opted to screw over customers and employees.  Why the judge allowed this is beyond me.  In any case, I am likely out 2,500.00 and everyone involved in this nightmare could give a rats ass about my money.  I dont care about maximizing anyones estate..i just want my money back.

What about the people that own extended warranties?  My 60” XBR just started showing yellow shading on the right hand side of the screen.  Who do I call for service?  The TV’s three years old and the warranty is (was) for five years.  Do I still have a warranty?  With whom?

David D. Contact AON Warranty Group or Servicenet. A warranty from 3 years ago was probably AON. See if there is a record or your warranty purchase. Contact Sony as well and explain your situation. If you need a copy of your warranty purchase through Tweeter, contact the trustee George Miller at .(JavaScript must be enabled to view this email address) and demand a copy of your receipt from Tweeter’s database. I’m sure he’ll be uncooperative and useless though. Good luck.

Miller is one of those guys that hates getting the hundreds of phone calls from angry people everyday at work.  I spoke with him pertaining to access of my 401K account which is tied up in this mess too.  He was very short with me and had a crap attitude.  If Miller doesn’t like listening to angry people maybe he should consider changing employment, but then again why would you when your one of the guys getting paid still….

Neither the trustee nor the BK court is on the side of the affected customers and employees.  It appears that trying to get anything out of them is like getting blood from a stone.  We see posts on a few websites about the losses of both customers and employees but that is about it.  In order for the possibility for action to take place I think that there needs to be a broader exposure. The affected parties need to band together as a group and hound the media and protection agencies demanding action. If the Attorney Generals are not doing their job on this then alert the local media. Unless there is more in the press this will just die out and fade away.

Continue to hammer Mr. Miller with emails and phone calls. His responses have been condescending and juvenile. It’s like corresponding with a 3rd grader. Everytime he is foolish enough to reply with another smartass comment I forward them off to my local news outlets. Pathetic doesn’t even begin to describe this damn fool.

CE Pro is working on a magazine article on the rise and fall of Tweeter. We would like to speak to employees that worked on the store level. Ideal sources are ones that were there for five years or more and were there at the end.
If you are willing to go on the record in CE Pro, please contact me at .(JavaScript must be enabled to view this email address).
thanks

Thanks to CT. investigators, the Hartford Courant reports that Service Net will honor the bogus warranties sold by Tweeter while under the ownership of George J. Schultze. We can all certainly see who are the heroes and who are the cowardly losers (George) of this story.

Oh my, what a soar spot. Have you ever taken a whole store apart with the promise of a bonus at the end. Schultze is a business man and i understand that. He does not know about “karma” though. He will rot in a bad place. You can do the math. What a bad way for a bunch of stores that did good things to go down. It was not our fault that the upper management was out of control. How much did Schultze make while he owned us? Just curious. Like Bon Jovi says “You give electronics a bad name” Wonder why Pioneer tvs are going away. Hope they hire someone to kick his ass. BADLY…