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The Sharper Image & Lilian Vernon....

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    The Sharper Image & Lilian Vernon....

    ...filed bankruptcy! I guess that means no more cool catalogues?
    Filed Oct 2005discharged February 2007,Shapeless in the fire's glow, tell me if you think you know,
    Who it was we were below, where we've been and where we go

    #2
    You're telling me the Sharper Image filed bankruptcy??!!!
    That's hard to believe! Must be purely bad management. With the prices on the stuff they sell, and all the big-ticket items and those stupid air filtering systems they sell that Consumer Reports say don't work yet they sell thousands of them... how could they be in bankruptcy!?

    Well, I hope I DON'T get any more of their catalogs - it always makes me want things I don't really need!
    <<I am NOT an attorney, my comments are anecdotal only. Contact an attorney for advice>>
    FINALLY DISCHARGED 92 DAYS AFTER THE 341! A NEW START!!!

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      #3
      Gosh I used to order a ton of stuff from Lillian Vernon, years and years ago.
      Filed Ch. 7 June 14, 2007
      341 Meeting July 19, 2007
      Discharged September 17, 2007
      Closed September 17, 2007

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        #4
        I bought several personalized Christmas gifts from Lillian Vernon last year, and all were a hit! I hope they reorganize and continue sending their catalogs. They have a taste for the unusual, just like I do.
        BK 7 filed and discharged in 2004 after 30+ years of perfect credit. Life HAPPENS.

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          #5
          Lillian Vernon keeps emailing me with their special deals, free shipping deals, or whatever else they may have going. I haven't received their actual paper catalog since November 2007, though. So I guess they're saving money and re-organizing in a chapter 11?

          Good for them.
          BK 7 filed and discharged in 2004 after 30+ years of perfect credit. Life HAPPENS.

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            #6
            I read somewhere that the president of Lillian Vernon says they may 'liquidate'...aka go out of business and get rid of all their employees...

            I think they might be done.
            Chapter 7 Filed - 11/27/07
            Discharged - 2/29/08
            Unsecured Debt Discharged - $162k +/- (small business, personally guaranteed)
            Finally Closed - 3/1/09

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              #7
              No way my wife loves that store.
              Trying to get some [URL Removed] for my problems.

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                #8
                Yes, and any gift cards are now trash...with Sharper image. Lost monies. If anyone had one, I hope you used it.
                Lillian Vernon was cool! Where else could you get a breed specific long draft pillow/cover for your front door!!
                WAM
                ch7 8/07 CLOSED: 11/07 Rebuilding and saving.
                WAMU unsecured $2,000 Capital One unsecured $500
                PAID OFF MONTHLY!!!

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                  #9
                  Brookstone will probably purchase most of Sharper Images products...
                  The information provided is not, and should not be considered legal advice. All information provided is only informational and should be verified by a law practioner whenever possible. When confronted with legal issues contact an experienced attorney in your state who specializes in the area of law most directly called into question by your particular situation.

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                    #10
                    Originally posted by whatamess View Post
                    Yes, and any gift cards are now trash...with Sharper image. Lost monies. If anyone had one, I hope you used it.
                    Lillian Vernon was cool! Where else could you get a breed specific long draft pillow/cover for your front door!!
                    WAM

                    They are accepting gift cards again....with conditions:

                    Sharper Image gift cards redeemable, with strings attached


                    East Bay Business Times

                    Gadget-seller Sharper Image Corp., which filed for bankruptcy protection last month, will start accepting customer gift cards again, but with some conditions.

                    The San Francisco company will accept gift cards only if customers spend all the money on the card at one time and also buy something that costs twice as much as the value of the gift card. So if customers want to use a $25 gift card, they have to buy something worth at least $50.

                    Sharper Image will not accept any partial gift card use, though it said it may do so later.

                    .
                    Filed 07/07, $120k unsecured debt
                    Plan: $400 (includes cram down) 60 months
                    Brilliant attorney, decent trustee, awesome plan

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