An eastern Iowa furniture business that closed abruptly earlier this year has filed for bankruptcy. Customers who didn’t get their purchased merchandise when Evans Furniture went out of business in June will have to wait for court proceedings to see if they get their money back or the merchandise.
Dozens of customers were left without prepaid furniture when the Quad Cities-based company closed its Davenport store, and the other location in Waterloo. On Tuesday, Evans Furniture filed for Chapter Seven bankruptcy. The company is listing 81-thousand-600 dollars in assets and more than 289-thousand dollars in liabilities. The bankruptcy filing has been expected for some time.
When the company closed the two stores without notice, customers who didn’t get their pre-paid merchandise felt they were victims of a scam. Those claims were later investigated by the Iowa Attorney General’s office, which concluded the closings were the result of a business failure and not a fraud.