National Association for Members [ NAM ]

Thousand Adventures Bankruptcy

Class Action Lawsuit

TAI Bucks

'TAI Bucks' were awarded to unpaid workers who helped maintain the park facilities
or worked at fund raising activities for the parks. The owner, Mr. Vopnford, said in a Florida hearing that:

"I don't run campgrounds - I sell memberships"

Sadly, the flow of cash across his desk was just too tempting.
The company expanded too fast and just couldn't pay the bills.

Some of the members were deceived, coerced, cheated by abusive tactics of the people who ran the company for Mr. Vopnford. Was he crooked or just naive? I (Dan Hopper) choose to believe that he was/is a good person who didn't understand all that some of his 'employees' were doing in his name.

I hope he has learned the right lessons from his experience.


The Bankruptcy

TAI filed its first bankruptcy in 1992 in Florida where it had 13 campgrounds. It had already been involved in at least 54 lawsuits across the country by members and by creditors dating back to 1991.

Here is a link to the records of the bankruptcy in Iowa of Thousand Adventures, Inc.
[ Click Here ]
.


The Class Action Lawsuit

The company was strapped for cash in 1992, when the financial difficulties became pervasive. The 'ready cash resource' appeared, to the company (TAI), to be existing members.

Abuse

Members had paid several thousands of dollars each for their membership contracts. Those contracts specified that there would never be an additional charge for use of the campgrounds.

TAI notified members that they would be required to pay additional nightly fees, in violation of the contracts, in order to use the campgrounds. The members revolted. They formed a committee ( The Members' Committee ) to oppose this abuse.

TAI continued to sell new memberships but concealed the material fact that the company was in bankruptcy.

[ Click Here to learn more about the class action lawsuit ]