If you haven’t heard Alfred Angelo the bridal salon has gone out of business and filed for bankruptcy. The location here in the Seattle area, Tukwila to be exact, abruptly closed its doors. Brides were lined up outside the store trying to get their dresses that were in while others were hoping to find out what happens to the dresses that were not in yet. Even the employees had no idea that the store was closing. Unfortunately this isn’t the first time that something like this has happened and it will not be the last.
What these brides really want to know is what can be done? The short answer: Not much.
I know, not what you want you to hear and as a lawyer not what I want to say but sadly it is the truth. In this instance, Alfred Angelo filed for chapter 7 bankruptcy to the shock of its customers and employees. Their site has now been updated with this message:
What is a chapter 7 bankruptcy? A chapter 7 is a liquidation bankruptcy, meaning, the bankruptcy trustee gathers and sells the debtor’s (in this case Alfred Angelo) assets and uses the proceeds to pay creditors. Brides that paid but never got the items before the bankruptcy would be a creditor. But not a very important one. Creditors are paid in a certain order and unfortunately you will be pretty far down on the list. This doesn’t mean you can’t still file a claim, there is a possibility that you could get all or some your money back. Of course you could always get nothing back as well.
How can you avoid these issues? Well there are a few things you can do besides buying off the rack. One way is to pay the smallest deposit possible. Ask the company what is the least amount they will take to hold your dress. Another way is to pay with a credit card. There are laws in place to protect you when you pay with your card and the store fails to deliver the goods. Check with your credit card company for details.
This happens to couples all the time. Whether it is the bridal store, the bakery, or the venue. While there isn’t much that can be done to stop these situations there are a few things you can do to avoid them.