Evil Offroad
Bankrupt / Controversial
Confidence:
10%
EVIL OFFROAD LLC filed a 7 chapter bankruptcy in the District of Nevada bankruptcy court on December 25, 2024. This is a voluntary filing; it was assigned the bankruptcy case number #24-16738.
https://www.eviloffroad.com/
Source:
https://www.bankruptcyobserver.com/bank ... il-offroad
The bankruptcy petition for EVIL OFFROAD LLC showed assets in the range of $0-$100,000 with liabilities in the range of $100,001-$1,000,000. EVIL OFFROAD LLC reports that the number of creditors is in the range of 200-999.
The debtor indicated their nature of business as 'None of the Above'. The nature of business option is fairly limited; most companies will chose 'None of the Above'. The options include: 'Health Care Business', 'Single Asset Real Estate', 'Railroad', 'Stockbroker', 'Commodity Broker', 'Clearing Bank', or 'None of the Above'.
EVIL OFFROAD LLC indicated on its bankruptcy petition that it does not expect there will be sufficient assets in the estate to make a payment to the unsecured creditors. This is a bad sign for creditors as it implies that no recovery is likely.
In regards to items yet to be shipped to customers, Doug Parks is responding with:
Understood. We literally had no choice but to file bankruptcy and I did not want to do it for sure. Your products are at the shop and the Trustee as he is called will be in touch with you with options of getting them to you. For now, keep the claim filed with PayPal. f he cannot get you the products, it is good that you did the claim so that you get your funds back.
In regard to the Venmo, remind me of what was done via Venmno and how much please. I need to add that to a list for the Trustee so that he is aware of monies Owed to you so he can attempt to get them to you.
Prior to bankruptcy, and probably the #1 reason why they went bankrupt, many customers complained of either never receiving their products or having to wait extreme wait times (6+ months). Don't know the full details to why they had such bad delivery on items, but it really did lead to their demise. However, on the other end, the customers that have received their products have praised the brand, minus some exceptions. I'm getting rumors that the brand owner is looking to grow another company with the same fabricated parts, and hopefully have better management. I wouldn't be surprised if the initial launch of that will be less than welcome, due to the owner's failure. I'll cover it if and when it does launch. Hopefully his 2nd chance is redeeming.