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Re: NAFA Question [Re: Bucndoe] #6769920
02/14/20 12:08 PM
02/14/20 12:08 PM
Joined: Jun 2012
Posts: 3,833
KY.usa
rex123 Offline
trapper
rex123  Offline
trapper

Joined: Jun 2012
Posts: 3,833
KY.usa
Yes they are bankrupt because of mismanagement . But that doesn't excuse lying to trappers about the checks and the fur they are holding.

Re: NAFA Question [Re: Bucndoe] #6769932
02/14/20 12:19 PM
02/14/20 12:19 PM
Joined: Dec 2010
Posts: 11,181
Armpit, ak
D
Dirt Offline
trapper
Dirt  Offline
trapper
D

Joined: Dec 2010
Posts: 11,181
Armpit, ak
"Lying to trappers" has been standard operating procedure since I started shipping to them in '96. Nothing new there.


Who is John Galt?
Re: NAFA Question [Re: danny clifton] #6769984
02/14/20 01:17 PM
02/14/20 01:17 PM
Joined: Jan 2012
Posts: 683
saskatchewan canada
K
kingrat Offline
trapper
kingrat  Offline
trapper
K

Joined: Jan 2012
Posts: 683
saskatchewan canada
Originally Posted by danny clifton
im still waiting for arrests and charges for bouncing checks. wonder why no bad checks seemed to have went out to canadians?


not sure where you got your info but I can assure you that alot of canadians got bad checks myself included.

Re: NAFA Question [Re: wissmiss] #6770433
02/14/20 09:21 PM
02/14/20 09:21 PM
Joined: Oct 2009
Posts: 3,635
Pottawatamie co. IA
LLtrapper Offline
"The Coon Combine"
LLtrapper  Offline
"The Coon Combine"

Joined: Oct 2009
Posts: 3,635
Pottawatamie co. IA
Originally Posted by wissmiss
I have been told that the left over fur at NAFA will be sold (offered for sale?) at the FHA auction the end of March which MIGHT be held at the NAFA building in Toronto. Details of the joint sale are being worked out,

The shippers will receive the full value of what the pelts bring except for the standard NAFA commissions, which will go the law firm Handling the reorganization. The check will be issued by the trustee, not NAFA.

The courts have ruled that all pelts held at NAFA belong to the shippers and not being held as collateral against the NAFA debt.


Nancy I know you are knowledgeable about auction houses but They sold my cats in late November and I have seen nothing. I was also told that FHA is leaning towards not selling those furs for NAFA. Carrying water for NAFA is shameful if anyone does it. What they have done is a crime. If they were here in the US they would have been charged by now for writing bad checks. If you read the statement carefully they say they are paying down debt at the bank with our fur money. I am not a lawyer but that is how I read it. LLL


Isaiah 51:6 But my salvation will last forever, my righteousness will never fail.
Re: NAFA Question [Re: Bucndoe] #6770434
02/14/20 09:22 PM
02/14/20 09:22 PM
Joined: Jul 2007
Posts: 1,255
Montana
B
B. Shope Offline
trapper
B. Shope  Offline
trapper
B

Joined: Jul 2007
Posts: 1,255
Montana
I got a really good cat up there as well. They can keep my beaver


The Green Eyed Trapper
Re: NAFA Question [Re: LLtrapper] #6770445
02/14/20 09:32 PM
02/14/20 09:32 PM
Joined: Dec 2008
Posts: 3,467
MN
W
walleye101 Offline
trapper
walleye101  Offline
trapper
W

Joined: Dec 2008
Posts: 3,467
MN
Originally Posted by LLtrapper
Originally Posted by wissmiss
I have been told that the left over fur at NAFA will be sold (offered for sale?) at the FHA auction the end of March which MIGHT be held at the NAFA building in Toronto. Details of the joint sale are being worked out,

The shippers will receive the full value of what the pelts bring except for the standard NAFA commissions, which will go the law firm Handling the reorganization. The check will be issued by the trustee, not NAFA.

The courts have ruled that all pelts held at NAFA belong to the shippers and not being held as collateral against the NAFA debt.


Nancy I know you are knowledgeable about auction houses but They sold my cats in late November and I have seen nothing. I was also told that FHA is leaning towards not selling those furs for NAFA. Carrying water for NAFA is shameful if anyone does it. What they have done is a crime. If they were here in the US they would have been charged by now for writing bad checks. If you read the statement carefully they say they are paying down debt at the bank with our fur money. I am not a lawyer but that is how I read it. LLL


FHA would not be selling those furs for NAFA but for the honest trappers that still own them.

Re: NAFA Question [Re: Bucndoe] #6770447
02/14/20 09:35 PM
02/14/20 09:35 PM
Joined: Oct 2009
Posts: 3,635
Pottawatamie co. IA
LLtrapper Offline
"The Coon Combine"
LLtrapper  Offline
"The Coon Combine"

Joined: Oct 2009
Posts: 3,635
Pottawatamie co. IA
Um NAFA is charging commission. Would they honor the wild fur shippers council's 2% deduct on that? They have sold anything they could already. LLL


Isaiah 51:6 But my salvation will last forever, my righteousness will never fail.
Re: NAFA Question [Re: Bucndoe] #6770457
02/14/20 09:41 PM
02/14/20 09:41 PM
Joined: Dec 2008
Posts: 3,467
MN
W
walleye101 Offline
trapper
walleye101  Offline
trapper
W

Joined: Dec 2008
Posts: 3,467
MN
I believe Wissmiss researched it correctly,
"The shippers will receive the full value of what the pelts bring except for the standard NAFA commissions, which will go the law firm Handling the reorganization. The check will be issued by the trustee, not NAFA."

Re: NAFA Question [Re: Bucndoe] #6770491
02/14/20 10:03 PM
02/14/20 10:03 PM
Joined: Dec 2010
Posts: 11,181
Armpit, ak
D
Dirt Offline
trapper
Dirt  Offline
trapper
D

Joined: Dec 2010
Posts: 11,181
Armpit, ak
Deloitte is more of a business consulting firm. Anything NAFA does has to have their approval and the courts approval. NAFA is no longer running NAFA, Deloitte and the court are running the company and selling company assets to pay off the debtors.


Who is John Galt?
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