Quoted:
The local paper is reporting their bank filed paperwork to foreclose on their building. I know they're listed as one of your dealers with a kiosk. I've got some suppressors in jail there and another one I expected to ship this week probably. What do we need to do about it?
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I will have our dealer sales manager talk to them and see what is going on. Just because they are under foreclosure doesn't necessarily mean they are going to lose their SOT/FFL. A lot of times, they will continue to work out of their house or at a smaller location. If they do go out of business, the ATF will often expedite outstanding forms or they may Form 3 them to another dealer. In the case of the latter, the oustanding Form 4's will eventually generate error letters, etc., which will be resolved at that time by simply modifying the transferor FFL/SOT.