powerjoke
Senior Member
- Joined
- Aug 2, 2009
- Messages
- 1,125
- Location
- Missouri
- Occupation
- owner/operator/estimator/mechanic/grunt/ditchdigge
Well, about 6-7 weeks ago I sold a machine to another owner/operator excavation company and he asked if i would consider owner financing it to him, I have done it in the past so I wasnt too concerned, he is a little smaller than I am so I understand money could be hard to get right now,.....
well, after the test run of almost an hour he decided to buy the machine, and he had a lowboy that could pick it up in an hour or so as he was coming back empty, i told him to give me a check for the total amount and then when we got legal doc's drawn up he would send up the down payment check with the signed doc's.and he did but there was a note that i needed to hold it for 4-5 day's
that was 6 weeks ago, i felt bad for him and he seemed like a nice guy so i never deposited because it was always just one more day or just a couple of day's, well. i finally took it in and it came back lol, but the best part is.............it was a closed acct!
so i have done some calling to other dirtworker's in the area and they all consider him an outlaw......his G-pa started the dirt company Forever ago, but i guess the grandson is flushing 'er away.
i gave him an ultimatum, give me a check off a valid acct wether it have suficiant funds or not, i will hold it for 7 day's and then take it in. if it dosent go through i prosicute, here's the deal....it has crossed state lines so now the FBI is going to be involved, he sent the fake check through the mail so now could face postal charges. and then after all that he still has to deal with the state check charges, probably in both states.
I offered him one last chance, he has to bring me something he dosent owe money on that is a greatervalue than the amount he is behind. and then when he catches up he can have his colateral back.
conclusion, he wrote a bad check for a down payment and then he NEVER has made the first payment!
what would you all do?
EDIT: I should add that he hasnt returned a TXT or a call despite leaving several voicemail's including the one about the final offer.
Also, every one I talk to in thier town say's that he has a bad habbit about writing bad checks. and so does his father.
Pj
well, after the test run of almost an hour he decided to buy the machine, and he had a lowboy that could pick it up in an hour or so as he was coming back empty, i told him to give me a check for the total amount and then when we got legal doc's drawn up he would send up the down payment check with the signed doc's.and he did but there was a note that i needed to hold it for 4-5 day's
that was 6 weeks ago, i felt bad for him and he seemed like a nice guy so i never deposited because it was always just one more day or just a couple of day's, well. i finally took it in and it came back lol, but the best part is.............it was a closed acct!
so i have done some calling to other dirtworker's in the area and they all consider him an outlaw......his G-pa started the dirt company Forever ago, but i guess the grandson is flushing 'er away.
i gave him an ultimatum, give me a check off a valid acct wether it have suficiant funds or not, i will hold it for 7 day's and then take it in. if it dosent go through i prosicute, here's the deal....it has crossed state lines so now the FBI is going to be involved, he sent the fake check through the mail so now could face postal charges. and then after all that he still has to deal with the state check charges, probably in both states.
I offered him one last chance, he has to bring me something he dosent owe money on that is a greatervalue than the amount he is behind. and then when he catches up he can have his colateral back.
conclusion, he wrote a bad check for a down payment and then he NEVER has made the first payment!
what would you all do?
EDIT: I should add that he hasnt returned a TXT or a call despite leaving several voicemail's including the one about the final offer.
Also, every one I talk to in thier town say's that he has a bad habbit about writing bad checks. and so does his father.
Pj
Last edited: