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Bankruptey struck down Teddy's Valeteria last week and sent student customores scurrying frantically to Somerville for their errant clothing.
Frank DeTucci, half-owner of the Valeteria, explained yesterday afternoon that the mortgage on the store, trucks, and equipment had been suddenly foreclosed because of an almost complete lack of capital or interest.
Students who do not yet have their missing clothes should register claims between 9 a.m. and 4:30 p.m. in the next few days at the CRIMSON office, 14 Plympton St., where the remaining suits are being held as a public service.
The Valeteria last week borrowed a truck and delivered clothing to owners whose addresses were on the charge slips and shipped the rest to the Embassy Cleaners, 300 Washington st., Somerville, where the management allowed DeTucci to leave them on deposit until called for.
Most customers, whether or not they have retrieved their clothes, are still left holding the bag, however, as far as their $10 coupon books are concerned.
DeTucci said that he does not believe that redemption of outstanding coupons will take preference over the bank debt, but that he hopes to make some kind of refund, probably at a discount.
Students eager to find out how much they have coming to them should got in touch with lawyer Vincent R. Bertocci, 59 Union sq., Somerville.
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