Like Tree0Likes

is it true national marine !

Closed Thread
Old 08-18-2004, 05:38 PM
  #81
Registered
 
spitfire1's Avatar
 
Join Date: Jan 2001
Location: Ft. Lauderdale FL. USA
My Boats: 2004 Gladiator
Posts: 1,743
Default Re: is it true national marine !

Quote:
Originally Posted by jawbreakerkid
is everything okay regarding your deal w/ NM on your gladiator? hopefully it is.

jbk
You all know that I bought my last Cigarette from Bill and Blume at National's South Florida store......I have to say that both of these guys were very good to deal with...they gave me a fair trade in allowance on my Top Gun...which thankfully....I owned outright......and on top of this they gave me a good deal on the Gladiator..I was their first Cigarette customer down here.....I did have some problems with the boat initially...but Cigarette took care of these....and although I did have some problems getting my phone calls returned at National....I realize that I was not their only customer....I am sorry to hear this as I like Bill and Blume both....In fact everyone that I met at the Florida store were very nice people......I am not trying to minimize the problems others are having right now....but rather talking about the people there in general....I hate to see this happen.......... Good intentions.........

Last edited by Spitfire1; 08-18-2004 at 06:20 PM.
spitfire1 is offline  
Old 08-18-2004, 05:53 PM
  #82
Registered
 
dhlaw's Avatar
 
Join Date: Feb 2003
Location: New Smyrna Beach, Florida
My Boats: 2001 Top Gun T/S, 2002 Gladiator
Posts: 2,697
Default Re: is it true national marine !

I'll do the same...
dhlaw is offline  
Old 08-18-2004, 05:58 PM
  #83
Registered
VIP Member
 
Join Date: Aug 2004
Posts: 84
Default Re: is it true national marine !

This Is Just Another One Post Wonder Who Is Caught Up In This Mess I Bought A 38 Cig In March Traded A Nice Boat.traded Boat Never Been Pd Off Sold To Another Dealer Who Luckily Never Gave This Crook The Check Now I Have A Cig That Has Two Liens And One Driver Everybody Can Talk About Rumor When There Are Some Of Us Who Are Living It!hope Not To Many Others Have A 200000. Note And No Title After You Put 100000 Down
topgun 38 is offline  
Old 08-18-2004, 06:05 PM
  #84
Charter Member #37 /Moderator/Platinum Member
Charter Member
 
vagrant's Avatar
 
Join Date: Oct 2000
Location: Lake Norman N.C.
My Boats: poker runs offshore racing
Posts: 1,311
Default Re: is it true national marine !

I bought my boat from NM three years ago. There were some very bad things going on then. I was able to get my boat deal done. There were some shady things going on that I have disscussed with people privately. This is a very bad situation that has been covered up for a long time. I hope that the people that have outstanding boat dealings get your deals done. Hopefully things can be brought out to the open now and people can get help.

Good Luck

David
__________________
Champagne taste on a beer Budget

C. P. B. A. Carolina Power Boat Assoc
vagrant is offline  
Old 08-18-2004, 06:08 PM
  #85
Registered
 
Von Bongo's Avatar
 
Join Date: Dec 2001
Location: Iowa - Missouri
My Boats: 1997 Cig Kevlar - powered by Boyd
Posts: 3,904
Default Re: Rumor has it that the Fed's shut down Nat'l Marine

Quote:
Originally Posted by scottsumrall
I Talked To The Man That Did My Boat Loan With Home Saving Today, This Was The Company That Deals With National, He Said That This Issue Was Going To Get Real Ugly. I Fell Luck That National Paid My Loan Off Last Month. I Have The Paid Note In Hand. But Its Going To Bad For The Other That Are Involve With National Now. I Hope This Issue Will Be Worked Out. Sorry........................
Scott I don't want to rain on your parade but something to keep in mind. If there is a bankruptcy action (voluntary or involuntary) the court can reverse any transaction that took place for up to 60 days prior to the filing. IE the judge could make your bank give the money bank. I think that is slim in this case but I would feel better if it had been paid off 90 days ago.

PS this isn't ment to be a slam toward national or anyone else. just trying to educate people as to what can happen when these deals go south.

Last edited by Von Bongo; 08-18-2004 at 06:20 PM.
Von Bongo is offline  
Old 08-18-2004, 07:56 PM
  #86
Registered
 
IDRPSTF's Avatar
 
Join Date: Sep 2001
Location: In your driveway while you sleep
My Boats: Whatever you missed your payment on
Posts: 1,759
Default Re: is it true national marine !

TO THOSE WHO NEED THE HELP.
I first will say that it is unfortunate for National that bad things are happening. I personally hate to see anything like this happen to a business who has made so many people happy with a hobby that we all enjoy. THAT BEING SAID: (Steve, please do not pull this, it could be a very valuable service to those on this board).

To those still responsible for an asset no longer in there custody, care, or possession, there is help.

Capital Solutions Industries (CSI) has an operations network across the country to assist Lenders in re-attaining assets that have fallen into the hands of those who may not have legal rights of possession and/or intentions to return said asset.

These services follow strict standards and all Federal, State, and Local Laws (i.e. no breaking and entering or leg breaking).

This is an efficient and legal means to attain an asset.

The reason I am posting is that as days go by I am confident we will all hear talk of things getting ugly and persons taking measures to get money or assets back. CSI can and will find a means of loss mitigation agreeable to Owner, Debtor and Law Enforcement agencies.

To submit a claim call 949-361-8776 or Fax information to 949-361-8795

In the meantime, lets all wish the best for those at National Marine and all others directly concerned.
IDRPSTF is offline  
Old 08-18-2004, 08:19 PM
  #87
Registered
 
Join Date: Apr 2003
Location: Lake George, NY
My Boats: 08 Magic Scepter 625 Ilmor
Posts: 348
Default Re: is it true national marine !

Just got off the phone with Bob (Otis311) he is going to see a judge tomorrow to try and reclaim his boat. Off duty police at gate, nothing gets in or out. A class action lawsuit will be filed tomorrow on behalf of creditors. Bob says that FBI Has been there on several occasions and they are about to seize everything and arrest people. I don't post much especially about subjects with so much "he said, she said" but Bob is a close friend and the thought of what he is going through is sickening. Through no fault of his own, He will wind up with about 360k in loans and no boat to show for it. He may get his Harley back but he will be paying twice for it. No Top Gun ;but the loan; a Tiger possibly with no motors.... Hows that for rumors??
BRET is offline  
Old 08-18-2004, 08:31 PM
  #88
Registered
 
BonnieOutlaw's Avatar
 
Join Date: Jun 2003
Location: Rochester, NY
My Boats: 2000 25' Baja Outlaw
Posts: 1,553
Default Re: is it true national marine !

I feel absolutely awful for all those involved. I think IDR's post (unfortunately) may be valuable information for some.
BonnieOutlaw is offline  
Old 08-18-2004, 09:25 PM
  #89
Member #9
Charter Member
 
hp500efi's Avatar
 
Join Date: Oct 2000
Location: Pewaukee, WI
Posts: 4,269
Default Re: is it true national marine !

Are banks and people that dumb? If I were to go buy a boat that required me to establish a bank loan, chances are the bank will have a lien on the property purchased. If there is a lien on the property, you cannot sell it until the lien holder is satisfied. Maybe just in Wisconsin ~~ but something smells bad with this whole deal.

Lets say the second owner pulled the motors and installed new motors and has receipts indicating that they were installed in that boat, how can the first owner reclaim property that is no longer his...or second owner painted it, added a trailer or it sunk and he claimed an insurance claim.

That brings up another point, second owner no doubt has an insurance policy on what he feels is 'his boat'.

GAWD, what a soap opera...
__________________
Member of the Liquid Jungle
hp500efi is offline  
Old 08-18-2004, 09:53 PM
  #90
Registered
 
Shane's Avatar
 
Join Date: Oct 2000
Location: Niskayuna, NY
My Boats: 2009 FORMULA 292
Posts: 5,543
Default Re: is it true national marine !

Quote:
Originally Posted by hp500efi
Are banks and people that dumb? If I were to go buy a boat that required me to establish a bank loan, chances are the bank will have a lien on the property purchased. If there is a lien on the property, you cannot sell it until the lien holder is satisfied. Maybe just in Wisconsin ~~ but something smells bad with this whole deal.

Lets say the second owner pulled the motors and installed new motors and has receipts indicating that they were installed in that boat, how can the first owner reclaim property that is no longer his...or second owner painted it, added a trailer or it sunk and he claimed an insurance claim.

That brings up another point, second owner no doubt has an insurance policy on what he feels is 'his boat'.

GAWD, what a soap opera...
There are some pretty some fast talkers out there that can sell ice cubes to an Eskimo. I fell for one of them. He is a board member that doesn't post much anymore after screwing over not only myself but other board members as well. Calling these types out in a public forum is of paramount importance so that others may be spared the potential of a similar experience. I am glad to see that these types of posts are not being "poofed" as many of mine were. OSO is an invaluable resource in times of crises like this. Several board members assisted me tremendously in finding him and ultimately exercising several judgements as he was running from myself and other creditors. Ironically he posted in this thread talking about what a shame this is. Incredibly ironic. To OTIS311 and the others...best wishes for a successful resolution to your horrible situation! As I said earlier OTIS311, let me know if I can help in any way!
Shane is offline  
Closed Thread

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
32fever
General Boating Discussion
18
12-05-2010 08:21 AM
rickym65fl
General Boating Discussion
14
09-04-2005 08:48 PM
bojoe2
General Boating Discussion
55
09-03-2004 05:43 PM
scottsumrall
General Boating Discussion
38
03-02-2004 11:23 PM
Daryl
General Boating Discussion
0
01-23-2003 12:43 PM



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
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 01:38 AM.


Copyright 2011 OffShoreOnly. All rights reserved.