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Comments • Eye on Asia bankrupt?

  • 31 comments
  • 4pt
    4Arnd 4ア一ンド
    hugtower (5 days ago) #28566478but to not say a thing???? To just disappear? I'll admit I'm very ignorant in these matters but I thought filing for bankruptcy meant certain debts would be paid for
    You're right, a business going under, usually means, customers with small amounts owed won't see any of their money paid back, but have to rely on their chosen payment method, to see if they can make a claim that way. Only their bank, in terms of credits going, suppliers and possibly some business customers are the only ones getting a share of any asset liquidation. That's how I've seen it usually happen with UK businesses.
    5 days ago
    2pt
    DYRL (5 days ago) #28559799Bad money management is a common thing, but to have three shops go under in the span of a year is pretty strange
    I could understand this better if we were in another global economic decline, but we're not are we?

    One could say this a conspiracy all together...

    Or it's a legitimately good time for company to go bankrupt. Nah.
    5 days ago
    1pt
    Shikaree (5 days ago) #28567358I also thought it was odd they do not make any statements. But someone suggested that maybe they were advised by lawyers to not say anything. I don't think that's likely, but perhaps possible.
    A bankruptcy will discharge many debts, including the debts to buyers. So don't know what you mean by bringing it up. A bankruptcy "pays" no one. It doesn't just make money appear. =P


    Oh, I think I got "forgiving" debts confused with covering them perhaps. As I said, I have no real knowledge on the subject. But yeah, the silence is the main thing that confounds me
    5 days ago
    2pt
    hugtower (5 days ago) #28566478but to not say a thing???? To just disappear? I'll admit I'm very ignorant in these matters but I thought filing for bankruptcy meant certain debts would be paid for
    I also thought it was odd they do not make any statements. But someone suggested that maybe they were advised by lawyers to not say anything. I don't think that's likely, but perhaps possible.

    A bankruptcy will discharge many debts, including the debts to buyers. So don't know what you mean by bringing it up. A bankruptcy "pays" no one. It doesn't just make money appear. =P
    5 days ago
    4pt
    Shikaree (5 days ago) #28563222When businesses go under they tend to be heavily in debt so there's nothing to refund.but to not say a thing???? To just disappear? I'll admit I'm very ignorant in these matters but I thought filing for bankruptcy meant certain debts would be paid for
    5 days ago
    7pt
    Lesson to me and to others, probably, stick to buying from Japan where the market (Customer base) is huge and companies have the tolerance for market fluctuations. Its most likely that the number of collectors outside japan, dwarfs in comparison to those in Japan.
    5 days ago
    1pt
    hugtower (5 days ago) #28560384That's not what I'm talking about. I can understand businesses go under etc. I'm talking about them taking the money and running with little to no word
    When businesses go under they tend to be heavily in debt so there's nothing to refund.
    5 days ago
    2pt
    skylinedo (5 days ago) #28559870bc of market fluctuations both in japan and abroad. Shipping and customs taxes etc further complicates things. And here in the age of the internets, japanese companies are very competitive.
    Ooverseas companies are forced to use surface/ocean shipments to sstay profitable. And months later when the shipment reaches port, gguess what your entire shipment couldve massively depreciated not thats there was much profitability in the first place. Mix in defects and customer dissatisfaction and life is miserable! I used to work anime retail for japanese company stateside

    That's not what I'm talking about. I can understand businesses go under etc. I'm talking about them taking the money and running with little to no word
    5 days ago
    4pt
    AshuriiKareshi Mrs Shigaraki
    I've heard they're also under investigation by the UK trade administration (or something like that)

    But yeah it looks like they'll most likely disapear soon
    5 days ago
    25pt
    skylinedo 's point missed?read 2x
    hugtower (5 days ago) #28559067Why on earth is this becoming a trend??bc of market fluctuations both in japan and abroad. Shipping and customs taxes etc further complicates things. And here in the age of the internets, japanese companies are very competitive.

    Ooverseas companies are forced to use surface/ocean shipments to sstay profitable. And months later when the shipment reaches port, gguess what your entire shipment couldve massively depreciated not thats there was much profitability in the first place. Mix in defects and customer dissatisfaction and life is miserable! I used to work anime retail for japanese company stateside
    5 days ago
  • 31 comments
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