Monday, November 13, 2006

Update on 2nd Swing Liquidation

A reader asked about cashing in a credit he has available at 2nd Swing, the Minnesota-based retailer that filed for bankruptcy liquidation in September. It appears that customers are out of luck.

I found an article from the Milwaukee Journal from September that outlined 2nd Swing's credit policy.

I checked their website and it is no longer functioning. I called a location near me and the phone is disconnected. For those of the 17,700 customers with credits on the books, you've got a piece of paper that has the same value as my Excelsior Henderson Motorcycle stock -- worthless.

RIP 2nd Swing.

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