Schmidt’s Bakery Paychecks Bounce, and a Baker Talks About the Closure [VIDEO]

Last week, we found out that Tracy and Deb Hilker, owners of  the recently seized Schmidt's Bakery and Delicatessen (as well as two other businesses), would have to settle nearly $130,000 in tax debt to re-open the landmark Loveland establishment.  Now, we're finding out that the last paychecks they issued to their employees are bouncing.

The Loveland Reporter-Herald caught up with former Schmidt's baker Bob Schmachtenberger.  He had already given notice of his retirement and collected his last paycheck when the state seized Schmidt's on Jan. 8.  When he went to cash his check, he was surprised to get a notice of "insufficient funds."

"This isn't for me," Schmachtenberger said of his decision to make the bad check public. "It's for all the others. We're going to be fine. We're lucky. But there are a lot of other people who are really hurt by this."

[via Loveland Reporter-Herald.]

Watch the video below for more of what Schmachtenberger had to say about the closure.  To hear him talk about it really turns my stomach.  Rest assured, I'm sending all the good vibes I can to Schmidt's employees.  I urge you to do the same!