Double Bass It's official...

U

Useless Human

Dec 11, 2019
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#1
Your favorite music store to drive past, Guitar Center, has filed for bankruptcy. The company owns some historic music instruments. Will they go up for sale? IMHO they will restructure and survive.

Thoughts? Stories?
 
#3
The shortest of answers, issued in my capacity as a Board Certified Specialist in Creditors Rights Law:

a) Guitar Denter is in Chapter 11 reorganization. It is not in Chapter 7 liquidation. The aim is to stay open, jam some creditors, maybe close some stores and maybe not, and get out of bankruptcy as quickly as they can. That's not the only possible outcome but it's the most likely.

b) They're open. In terms of national online sales, have at it. As for the store you drive past, if you want it to stay open stop in and buy stuff.
 
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#4
I never really understood the attraction of Guitar Center. Sure they're large & have a pretty good selection (unless you play double bass). But my experience is that their instruments usually are very poorly set up. They play like crap. My understanding is that this is their ploy for add-on charges: "Would you like us to set up your new instrument so you can actually play it?" Personally, I would never buy a new instrument that was not properly set up; what if there was some sort of structural problem that can't be fixed by a set-up.

I'd rather pay more to a store owned by a real person for an instrument that I know plays well.

Yeah, I know...I can be like that sometimes. Thanks for listening.
 
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