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OCC BANKRUPT

January 25, 2011 by USA Post 

OCC BANKRUPT, U.S. choppers was a reality TV show that featured a family of rogue cyclists and metallurgists who have turned their skills to design their beautiful motorcycles installation Orange County Choppers in New York.

The company began as a side project at the plant, the family and Paul Sr and Jr Tuetel ease the day to day running and the design work involved in building custom bikes extravagant.

U.S. choppers was a huge success, their bikes were (and are) considered works of art, and despite the tantrums sometimes family Osborn-esque “- most often caused by the fiery Paul Teutel Sr. – he provided good entertainment, a rarity for reality TV.

Their work featured incredible drawings that were commissioned for individuals and groups. A memorable bicycle built for fire, looked like a firetruck with fireman’s helmet that the fuel tank and a fire hydrant.

The crew of American Chopper also featured on Ewan McGregor and Charlie Boorman The Long Way Round where the pair traveled the world on a motorcycle. McGregor has been such a big fan of the show he bought a bike while visiting them.

Today’s news is a very sad time we live in society is now facing a seizure of its facilities. The problem arose after mortgage arrears and unpaid 14,000 and $ 96,400. ABC refused to make payments as they wanted the changes to the loan agreement, given that deflation has lowered the price of the property which houses the Orange County Choppers.

With the help of American Chopper and celebrity endorsements, Orange County Choppers has become an international brand and one might think they will progress to ensure the sustainability of their business, which is run from the same building.

Please hare your thoughts on the foreclosure CA Orange County Choppers’ leaving a comment.

Read about Ewan McGregor brush with death threats and the fight against smoking and the death of former football star Avi Cohen in a motorcycle accident related.

At a time when the Internet is buzzing about the closure of Orange County Choppers. Is this true or not? Fans of Paul Sr. and Paul Jr. around the world can relax.

The sound whole foreclosure OCC is true, but we’re not talking about Orange County Choppers, the American company specialized in customizing motorcycles. The acronym also stands for OCC Comptroller of the Currency, which is effectively bankrupt. An article in Huffington Post about the foreclosure OCC: “The FDIC has been pushing to impose new rules on the operations of these divisions, which are known as mortgage repairers. The agency has engaged in tough negotiations with the other regulatory agencies of the Federal Reserve and the Office of the Comptroller of the Currency (OCC). ”

As the trial of Orange County Choppers, he began in December 2009 because Paul Sr. urged his son to sell 20% of its shares in Orange County Choppers saying they had a previous agreement. Paul Sr. has also requested and $ 1 million in damages for misappropriation of assets.

Another reason for confusion Foreclosure Orange County Choppers is the company that builds custom motorcycles moved their headquarters in the town of Newburgh. Rumor has it that the OCC has delayed mortgage payments, costs about $ 96,400. Orange County Choppers has two mortgages by GE Commercial Finance Business Property Corp., and one and one for 11 million and 1.5 million.

Orange County Choppers (OCC) is a custom motorcycle manufacturer and production that has seen the sunlight in 1999. The company founded by Paul Teutul Sr. and Paul Teutul Jr. was the star of the series American Chopper on the Discovery Channel. The series was broadcast in 150 countries worldwide. The action takes place in Montgomery, a small town in upstate New York, where Paul Teutul Sr. and his two sons, Paul Jr. and Mike are building custom choppers, as well as the more expensive luxury cars.

OCC would have been nothing without Paul Sr. In 1999, with the help of his son, Paul; he presented his first OCC Chopper – True Blue – a festival at Daytona. Three years later, a producer of Discovery Channel has seen the company as a great idea for a show.

But ABC does not stop there, they built a chopper and 500,000 for the U.S. automaker, Lincoln, and one for Carol Shelby, for which they received two Ford Shelby Cobra units, and Paul Sr and Jr even said they are not afraid of building cars. Their production bikes were sold at about $ 40,000, but they were not seen in the Discovery series. The Teutul family also built a bicycle and $ 1 million for Microsoft.

Paul Teutul Sr. was born into a poor family in the 70s? If he was a drug addict drugs and alcohol. Now he is the head of a company that makes millions of dollars. And that kind of money does not come only as building choppers. OCC makes a lot of money commercial discovery rights, American Chopper and Orange County Choppers merchandise, real estate, and Orange County Ironwoks steelworks, founded by Paul Sr. and now run by his third son, Dan.

To summarize, Orange County Choppers are OK, at least for the moment and the Office of the Comptroller of the Currency is a bankruptcy, but that does not concern us.

Source: http://www.celebrities-with-diseases.com/celebrities/orange-county-choppers-face-foreclosure-but-not-bankruptcy-12947.html

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