HELP! Return my loan balance / American Winds in Akron

Re: HELP! Return my loan balance

The grapevine says that they are one violation away from losing their 141 status. That means they will lose all of their foreign students as well.
 
Re: HELP! Return my loan balance

The grapevine says that they are one violation away from losing their 141 status. That means they will lose all of their foreign students as well.

And then be out of business, running off with more than just one student's money.

Go get em, and don't be patient!
 
Re: HELP! Return my loan balance

Best thing that could happen for the greater common good would be them finally going out of business. Maybe this could be the spark to make that happen.
 
Re: HELP! Return my loan balance

I think the planes are owned by the school through a different LLC so that is good.

That actually is bad for you. The different LLC is a different entity, which means they have nothing to do with the company that owes you money.
 
Re: HELP! Return my loan balance

I looked at their online pamphlet recently. CFI courses to get you through MEI will cost you somewhere around 20,000. I only payed 5K for my CFI and CFII. Really sad.

And then be out of business, running off with more than just one student's money.

Go get em, and don't be patient!

They do have an ex-FAA guy that I think is keeping them afloat somehow as an employee.
 
Re: HELP! Return my loan balance

Taking suggestions. After getting my Instrument rating at American Winds in Akron. I requested they return my remaining loan balance back to Sallie Mae. This was back in February. I wanted to stop the loan because I had just started a full time job and was planning on taking my training a little slower and paying as I go. Well now its almost June I have been paying interest on 30,000. I have written proof in email that the school has spent all of my loan. I have written letters to the BBB and Ohio Attorney General. Sallie Mae's people say they are not responsible and hardly speak english... Under advice of lawyer I may eventually have to go after the school in Civil courts locally on my own dime. If anyone has any ideas I would appreciate.

Lawyer up! <- best advice

And in the meantime, tell 'em your situation is getting a lot of traffic on the internet and you'd like to seek a quick resolution. <- Might work, might not.
 
Re: HELP! Return my loan balance

Maybe move this to the lav, I know people have much more to say than what has been said already. We need some sort of drama that we all can agree on!

Edit: On second thought, nevermind. The internet isn't anonymous enough for what I want to say about that place and the clowns who run it. My very limited experience with them as a very part-time CFI for a very short time was 5-6 years ago anyways. I hope you get your money back.

I saw what you wrote and was surprised but at the same time knew there was much more you could write. It is really sad people get sucked into there. Especially the CFIs that currently work there.
 
I am really happy that through the advice of two members on this website I did not finish my CFI training there or worked there. Inside source says they are a little sue happy so might want to be careful what is said unless you enjoy dealing with the Judicial System for a hobby.
 
Perhaps in a few years, once I really throw the aviation towel into the hamper, I'll create a legal firm with jtrain as a partner and we can help students who have been banged in the rear by these types of outfits.
 
I took my ppl written there, was not impressed with them at all. You don't have to go to far to hear a horror story about that place..

Hope everything works out for you.
 
Thanks everyone for posting I appreciate any insight.

I will hopefully keep updating pending any legal obligations because they have already threatened to sue after I wrote a letter to AG. sue happy is an understatement I guess.
 
It is theft, but if the company goes out of business, there is little that can be done. You could sue and get a writ of execution, but AFAIK, most FBOs have very little solid assets. The airplanes are probably not paid off, the building is probably rented out, and the money is already gone. If they have your 30k, chances are that are insolvent and there are suppliers that are in line ahead of you.
The owner(s) have very deep pockets. Sue the shizzle out of them.

What's the background on the school? Long established operation or new?
Long established and questionable business practices at best. I'd say more but I don't want to end up in court. Srsly.

They have taken people to court and have been taken to court by their employees.
:yeahthat:

Edit: On second thought, nevermind. The internet isn't anonymous enough for what I want to say about that place and the clowns who run it. My very limited experience with them as a very part-time CFI for a very short time was 5-6 years ago anyways. I hope you get your money back.
:yeahthat:x2

The grapevine says that they are one violation away from losing their 141 status. That means they will lose all of their foreign students as well.
Does that surprise anyone familiar with them?

Best thing that could happen for the greater common good would be them finally going out of business. Maybe this could be the spark to make that happen.
:yeahthat:

Inside source says they are a little sue happy so might want to be careful what is said unless you enjoy dealing with the Judicial System for a hobby.
Understatement of 2009.

I will hopefully keep updating pending any legal obligations because they have already threatened to sue after I wrote a letter to AG. sue happy is an understatement I guess.
Good luck.

Seriously, CALL Carl Monday. Take them down. They are a cancer to that airport and the area.
Carl Monday is a tool. That said, if he's your only option...go for it.

Don't stop with just him. Call every TV channel you can think of. Call the radio stations. First, call the lawyer. They have deep pockets...so be prepared.

-mini
 
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