Oskar Huber
April 2, 2009
Letter to Customers:
Oskar Huber Furniture was started in 1927 and has served our surrounding communities with quality home furnishings and services for 81 years. Through an aggressive expansion plan over, predominantly, the last 8 of these years and subsequent merger; we grew to 9 store locations. Unfortunately, we were unable to overcome the effects of a severe housing downturn, credit tightening and slowing economy and we filed for Chapter 11 reorganization bankruptcy in September 2008.
The intent of Chapter 11 bankruptcy is to provide the filing company with the opportunity to reorganize if the circumstances permit. After considerable effort, the Huber family is close to approval of a Plan that would allow us to reopen in the 2 stores where we have been part of the community for more than 45 years - Southampton, PA and Long Beach Island, NJ. We are anxious to make this a reality especially since we have received many positive comments from customers and suppliers who would like to do business with us again.
Customers who, at the time of the filing, had deposits for orders which were not fulfilled were given the opportunity to file a claim with the court. Those claims have been reviewed and are ready to be paid according to bankruptcy law once we have the Plan confirmed.
Please check back for additional information. We welcome your comments so please email us at comments@oskarhuber.com. Thank you for your patronage over the last 81 years and we look forward to serving you again.
Ron, Bob (Oskar) and Don Huber
(3rd generation
www.oskarhuber.com