Ford Credit refutes Reagor-Dykes objections, plan - FOX34 Lubbock
Ford Credit refutes Reagor-Dykes objections, plan
LUBBOCK, Texas -
Tuesday may bring quite the showdown in U.S. Bankruptcy Court. Ford Credit and Reagor-Dykes have lofted serious accusations in court documents.
"A last-ditch effort to buy additional time" is how Ford Credit characterizes Reagor-Dykes' latest moves.
Ford Credit, in a filing late Monday afternoon, claims Reagor-Dykes made "reckless, and completely false statements", in its earlier response including the Auto Group indicated a Ford Credit employee's son worked at the dealership, when that employee doesn't even have a son. Ford Credit claims it's an attempt to tie the credit agency to the Auto Group's alleged fraud.
This part of the latest response:
"Indeed, the Debtors state that Gary Byrd’s 'son worked for Reagor-Dykes without the ownership’s group’s knowledge...' and the Debtors are trying to understand this fact. But Gary Byrd does not have a son, let alone one that worked at the Dealerships. Debtors later amended its objection to state, without supporting evidence, that Shane Smith hired a person named Preston Legere, who was allegedly the boyfriend of Gary Byrd’s daughter. However, the damage has already been done. Gary Byrd’s daughter does not date Preston Legere. This all post-dates Bart Reagor threatens to shoot Gary Byrd. Now Debtors make completely false and salacious statements to slander Gary Byrd reputation and attempt to tie him to Debtors’ fraud.
"This is further evidence that debtors will stop at nothing, including making misrepresentations about a Ford Credit employee's family to buy more time. Debtors are grasping at straws and continuing a pattern of intimidation of Ford Credit employee's family to buy more time. Debtors are grasping at straws and continuing a pattern of intimidation of Ford Credit's employees."
Ford Credit also points to Reagor-Dykes' own bankruptcy schedules, "filed under penalty of perjury" when questioning why the Auto Group now disputes the amount owed to Ford Credit.
This latest filing describes reorganization plan filed Monday "conditioned upon legally impermissable third-party releases of Bart Reagor and Rick Dykes by all creditors and Debtors."
Ford Credit asks whether it's an effort to repay creditors and help the Lubbock community "an effort to eliminate the personal liability of non-debtor individuals from significant debts owed not only to Ford Credit, but the Debtors and other creditors."
Ford's attorneys filed a motion Friday asking the court to allow the creditor to seize vehicles and other collateral. Ford Credit asks the court to make Reagor-Dykes explains its misrepresentations.