If they settled up with the bad check that bounce for me. I think I would do the same

Dirt - thanks for the link. Did you actually read through all 138 pages of legal mumbo jumbo. LOL

No. I figured the only part that was important was the part I posted.

I'm with the Beav,For those that never sold fur at nafa over the last 40 years,you lost out on a lot of money.

157. NAFA is adjusting its standard payment and credit terms for this Auction to: (a) require
that all product is to be sold without reserve bid: and (b) ensure that payment is made, in full,
within 14 days of the Auction.

Above is from page 55 of the report from the link that Dirt posted.

Am I reading it correctly-Fire sale? I guess it should be expected .

Whether its true or not this letter should help to offset the thinking that they are going to sell 300,000 coons at pennies on the dollar. Bottom line is if they keep saying the right things the market may hold at the dismal prices. If they say they are going to sell at greatly reduced prices the already poor market landslides to nothing. We shall see.

Ks rook, WHO is going to show up to buy a bunch of coons they don't want? Especially old stale collections when you can wait and buy fresh every year.

At some point in time those coon are going to be given away or burned due them having no value.



Boco, 40 years a lot of southern fur couldn't even be moved by Nazi nafa! While at the same time some of us found other markets and sold annually.

I can't buy a tank of gas with a sheet of paper with 9 million different grades for the same fur that all says unsold out beside them!

"NAFA is the successor to the Hudson's Bay Company's Canadian and U.S. fur auction businesses, which were spun off in 1987 and 1989, respectively. In 2019, NAFA filed for creditor protection (CCAA). "

Can we at least agree NAFA has only been around 30 years?

I see the same thing on the fire sale , like they did some years ago on the one they did on coon. Some said it is just how they done business I say no , then they all complain about low coon price , well if it is another fire sale look for furs price down again

Beav it would be funny to see all posts you made about Andy owing people money right now

No I buy castor.

GFW will just like they did last year. Thinking those averaged 4 or 5 bucks. Who knows it may have already went down. LLL

So I looked at my account for the first time since the bad check. They sold 4 of my cats in October. I wonder when I’ll see that money?!

Well Jtrapper I trapped 15 years In SC and NC and I sold those beaver right along with my WI beaver with no difference. And of coarse the otter were the hot item. I can remember selling SC coons for a $15.00 average.
Of course fox and cats and coyotes were junk to begin with. You can't make a sows ear into a silk purse.

J trapper says he got rooked by Nafa cause he tried to sell summer nuisance beavers and incidental otters there,and got a bunch of sec 111 no sales,lol.

take your pill Bobo

Boco Is most likely spot on. But I was told that WS trappers aren't allowed to sell the critters they tarp on company time.
So maybe there Is more to this issue then meets the eye.

Since they claim that the courts have decided that unsold furs are not the property of NAFA, I was wondering if anyone had tried to contact them yet about returning their un sold items? I have not yet but would like to get my cats back that they bought back.

Impact of the Return Order
(j)
In addition to extending the Stay Period to January 31, 2020, the Stay Extension
Order also authorized the Applicants to return Consigned Goods to the consignors on the following terms:

“upon request of a consignor, return consigned goods of that consignor that are: (i) subject to the standard form consignment agreement (as
attached as Exhibit "B" to the Lawson Affidavit), (ii) not in an intersorted lot, (iii) currently are in the possession of the Applicants, and (iv) not
subject to any auction or other sale agreement, provided that the return of such consigned goods shall only be made with the approval of the
Monitor and upon receipt of payment by the applicable Applicant of any and all mounts owing by such consignors to the Applicants (including,
without limitation, all outstanding Kit Loans, pelt advances and/or other loans and all applicable commissions, accrued interest, taxes, storage or insurance fees and other charges payable to the Applicants by such consignors), without any set-off, deduction, counterclaim or offset of any kind whatsoever.” (the “Return Order”);

I think they call that bought back.