Repo

[MoKelly]

Here is a different spin I want to share . A friend of mine is a local tree trimmer. A local man had a very nice kubota with a loader on it. One of the 2501 L - 3901 L type, nice low hour tractor. Perfect for use as a clean up tractor. $15,000 was the agreed on price. knowing there is not a title, he took his friend who also helped him on jobs ( a county Deputy actually) out to our local DMV. They said about all he could do was have seller sign a bill of sale with his Deputy friend as witness. So he did this on sellers word tractor was paid for. He was working in town and a local retired state trooper who does repo work for local banks and car dealers stopped and said a bank an hour away in another state ( Evansville,Indiana ) had hired him. They had the loan on the tractor and he was to repo it. After their "talk" the repo man continued searching for the tractor. After exhausting all his options, my friend took his attorneys advice and took the tractor to our Local Kubota dealer to be returned to the Lien holder bank. And yes, he was out his $15,000.

Did your friend go after the seller financially? Hopefully yes.

It’s not the lien holders fault the original buyer broke the law.

If you want an interesting history lesson, research what Switzerland did during WWII regarding stolen old master paintings.

MoKelly

 

[lmalcomb]

Wouldn’t that be the best case scenario?

Yes indeed You are right !!

 

[earljr59]

Did your friend go after the seller financially? Hopefully yes.

It’s not the lien holders fault the original buyer broke the law.

If you want an interesting history lesson, research what Switzerland did during WWII regarding stolen old master paintings.

MoKelly

No moKelly he never pursued it. He was mad at the seller, but also at himself for going against his gut feeling on the whole deal. He had heard of the seller being a p.o.s. around here before he did the kubota deal. He gave him the benefit of doubt, maybe because he wanted the tractor so much. He never once blamed the bank for wanting the tractor back or the repo man doing his job. I will say the seller is not up and down these country roads much anymore....

 

[Frankenkubota]

Did your friend go after the seller financially? Hopefully yes.

It’s not the lien holders fault the original buyer broke the law.

If you want an interesting history lesson, research what Switzerland did during WWII regarding stolen old master paintings.

MoKelly

just look into switzerland's behavior over the years, in general.

talk about money laundering

 

[Kwfm]

The loan was made under the straw man

 

[Diggin It]

The moon was full before dawn.

 

[Hay Dude]

My mom taught it to me when I was a baby in church in the early 60's. She'd translate what the priest was saying to English for me by whispering it in my ear. Mass changed in the mid 60's to english when I was 6ish years old. Just one day BOOM! everything changed. In the late 70's it was still an optional language to take in my high school. It was apparently useful to those in the medical field, and sciences.

We are going to go through another period like that.

 

[MossRoad]

We are going to go through another period like that.

You got an inside line on the workings of the Catholic Church?

 

[Steppenwolfe]

wow, 129 comments loaded with opinion and not much else. Has to be a TBN record.

We don't need a lot of info to comment around here...

 

[k0ua]

Latin.

We used to have to learn Latin in Catholic school back in the day. Mass was in Latin.

Latin is a Classical language but, unfortunately, also a dead language.

MoKelly

Yeah, I saw Johnny Ringo and Doc Holiday have it out in Latin.