Re: Great Lakes Rv
When I was in the new car field I saw more then one dealer fail and close.
For the most part they remained as "business as normal" right up until the locks went on the doors.
Customers and well as employees were left out in the cold.
Yup!
I used to work for a large national company that filed Chapter 11 twice (we called it 'Chapter 22)!
I left after the first filing . . .
Many of my friends, who chose to remain there, regretted staying as they were led to believe that all was good.
Up until the day of the second Chapter 11 filing, where they all lost everything . . . including their 401K's!
I warned them to move on . . . to get out while the gettin' was good!
But they wouldn't listen . . .
They all said that I was going over to "the dark side" . . .
Now, I lost my 401K . . . but at least I got out and found a new job in the industry before the job market was flooded with new prospects looking for jobs!
What is kind of ironic, however, is that a few of them, who once were my superiors, are now below me in the seniority pool!
And those same people called me crazy when I left . . .