Chasing Payments | Ramblings of an e-trader

Friday, 1 January 2010

Chasing Payments

A friend, Alex, is so mad after discovering that the two vehicles bought by his two brothers-in-law that were bought under his name have received ten summonses over the past few months, so much so that he could not renew his own driver's license. He had to settle the summonses first, which came up to a few thousand dollars before he was able to renew his license. He said that he allowed his name to be used in the car purchases in the first place to help the two guys out. They have bad credit score and were not able to purchase a car in their own name, legally. Well, I would be mad too if I was in his situation!

Alex told me that even though he has settled the summonses, the problem is far from over. He has tried to seek reimbursement from his brothers-in-law but they have dragged their feet, pretending not to be aware of the summonses at first and then blaming their forgetfulness.

Alex said that he has to get back the money by hook or by crook, even if it means calling in a Collection Agency to help which would strain their relationship. Times are hard and it is certainly understandable that nobody could afford to bear the fines if the traffic offenses were committed by someone else!

*** This post has been sponsored.

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