Yeah, that's an HTA charge for $75 or something. A nothing burger. A criminal charge hanging over you makes unwinding your fraudulent transaction a lot cheaper than a lawyer.Isn't it already illegal to sell the bike without the UVIP?
Yeah, that's an HTA charge for $75 or something. A nothing burger. A criminal charge hanging over you makes unwinding your fraudulent transaction a lot cheaper than a lawyer.Isn't it already illegal to sell the bike without the UVIP?
Throw it in storage/friends place. Repo guy can come by anytime he wants.If buyer called from their number, that gives them something to dig into (and not much digging is required). Seller can pass info on phone/email of buyer. We have no idea what this bike is, maybe it is unique and gets spotted. Maybe buyer doesn't have a garage to keep the bike and planned on keeping it in their driveway. Sadly, the repo order is valid even if the buyer thought they bought the bike.
The bigger problem for the buyer is if it's not a track bike, it's basically useless. No way I would put it in my name with an open lien. Can't ride it then. Even if it's a track bike, do the cops still setup at the exit to check for stolen bikes?Throw it in storage/friends place. Repo guy can come by anytime he wants.
I'll buy them a coffee and listen to the youtube worthy content.
I'm pretty confident if you hold out long enough the lien company will blink first. Yes you`re out money, but so are they.The bigger problem for the buyer is if it's not a track bike, it's basically useless. No way I would put it in my name with an open lien. Can't ride it then. Even if it's a track bike, do the cops still setup at the exit to check for stolen bikes?
Selling what later? If the seller decides to default, the lien holder doesn't just clear the lien and let you keep the bike. A bike in purgatory is not worth much. I could be wrong, but I think the only way that lien disappears is if it is paid in full or if the lienholder gets the bike.I'm pretty confident if you hold out long enough the lien company will blink first. Yes you`re out money, but so are they.
Also if seller decides to default then I can wakeup and smile everyday knowing his credit is a disaster and eventually I'll get some of my money back by selling it later when the situation cools down.
Not ideal, not fun but the seller likely isn't laughing much either.
Ever dealt with collections? F me. I almost wouldn't wish that on anyone.
You`re not wrong.Selling what later? If the seller decides to default, the lien holder doesn't just clear the lien and let you keep the bike. A bike in purgatory is not worth much. I could be wrong, but I think the only way that lien disappears is if it is paid in full or if the lienholder gets the bike.
If the seller is already playing ostrich, do you think investing in a judgement will help? More paper, but no good path to turn that paper into money.It’s small claims court time. Should have the sellers name and address to file. It’s gonna cost some dollars but, unless you get your money back, it’s really the only legal action you can take.
The worst part is the lien may be trivial and just paperwork (not likely given the seller ostriching but possible).IMO the least worst option if they will not clear the lean (and that sounds like a long-shot) is to part it out.
Or find a frame with a clean title.IMO the least worst option if they will not clear the lien (and that sounds like a long-shot) is to part it out.
A friend who is into mid 60s Dodge Darts has a fistful of mid 60s ownerships and matching number plates. He would buy wrecks, scavenge a few desirable parts and the plates. The cars were then chopped up.The worst part is the lien may be trivial and just paperwork (not likely given the seller ostriching but possible).
You never seen that charge get laid because it's unforceable. All I have to say is that I didn't get the UVIP because I didn't want to sell it to the buyer (assuming the buyer reported me for not providing him with a UVIP).There is an HTA charge for not providing a UVIP. I have never heard of it being laid. If I am serious about a bike, I have no problem buying the UVIP (anyone can buy any UVIP with the VIN) and that way I know it is legit. A fake UVIP showing no liens is easy enough to make. By getting it from SO, I know it is accurate and up to date (still may miss a very recently filed lien but that situation shouldn't happen often).
Wouldn't it be a "civil matter"? I know friends who have worked for shady companies and have not gotten paid and have called cop from the company's office and the cops tell them "sue him in court, it's a civil matter, have a nice day".The bigger problem for the buyer is if it's not a track bike, it's basically useless. No way I would put it in my name with an open lien. Can't ride it then. Even if it's a track bike, do the cops still setup at the exit to check for stolen bikes?
I’m sure the issue lies in privacy. The lien isn’t in the new buyers name. If the guy who bought my XR tried to discuss the same with BMW they would have probably told him to pound sand.Wouldn't it be a "civil matter"? I know friends who have worked for shady companies and have not gotten paid and have called cop from the company's office and the cops tell them "sue him in court, it's a civil matter, have a nice day".
If I was the OP I would transfer it to my name, plate it and ride it. The lien company seems like they don't care about getting paid. Who in hell (who is owed money) doesn't accept money from a stranger to pay that debt? OP plate it and enjoy it.