Red Trumpet still in business?

I'm saddened too, and wish Rick the best as I'll miss surfing his site!

What happens to orders placed at the site? I just placed a big order Nov 4th, not knowing these facts.

Should I call AX and stop payment or does anyone know ?

Does that mean that I should cancel any outstanding orders I may have?

As a bankruptcy attorney, I can tell you that the assets of Red Trumpet would be frozen upon the filing of a Chapter 7 petition, and a bankruptcy trustee will administer the assets on behalf of the creditors of the estate. Most likely, the inventory will be sold as a whole or in "lots". If anyone is out any money, they will have to take steps through the Bankruptcy Court to file a claim and then hope that there is a recovery.

I would *definitely* call the credit card company and attempt to have them stop payment. The chances of getting anything out of the court are slim to none. Way too many vultures ahead in the pecking order awaiting to extract their pennies on the dollar.

And here's a guess: what do you want to bet a place like Music Direct is licking their collective chops in anticipation of the inventory firesale...