PK Furniture has gone into receivership, leaving a lot of people wondering what will happen to the furniture they have paid for.
The chain has 16 stores across the North Island and almost 150 staff.
Some customers have been left out of pocket to the tune of $1500 with payments already been proceed.
A security guard is in place outside the Tauranga store today following news of the company going into receivership.
Receiver Andrew McKay, from Auckland BDO, says there are a significant number of customers in that position and the receivers would work through each case, one by one.
He says people who had paid for their furniture but had not yet received them should get in touch with his office.