Should I be worried about these types of creditors?

[black booty lover]

Okay so here my situation:

A few years back I sold my old vehicle to what I thought was a trust worthy friend for a very small amount as the vehicle wasn't worth much at all.

So a year goes by and I get a call from a collection agency explaining that "my friend" never actually signed the ownership papers. He was evicted from the the house he was living in, and the landlord had the vehicle towed, then was put into storage by the towing company for a little while until the police possessed it, and sold it at a police auction. He tells me the tab is 4G's for all this. I tell him he's not getting a dime from me, to fuck himself and hang up. Once a week I get recorded calls from different agencies trying scare me into paying them. I don't give a shit if it effects my credit rating a bit as I don't plan on buying a house or a brand new car anytimes soon.

I talked to a friend who used to work for a collection agency who told me other than my credit rating taking a bit of hit, nothing to worry about especially since I don't plan on buying a new house or car soon. Also said if I explained this to a company, they probably would look past it.

Any feed back?

 

[Bubbles99]

Okay so here my situation:

A few years back I sold my old vehicle to what I thought was a trust worthy friend for a very small amount as the vehicle wasn't worth much at all.

So a year goes by and I get a call from a collection agency explaining that "my friend" never actually signed the ownership papers. He was evicted from the the house he was living in, and the landlord had the vehicle towed, then was put into storage by the towing company for a little while until the police possessed it, and sold it at a police auction. He tells me the tab is 4G's for all this. I tell him he's not getting a dime from me, to fuck himself and hang up. Once a week I get recorded calls from different agencies trying scare me into paying them. I don't give a shit if it effects my credit rating a bit as I don't plan on buying a house or a brand new car anytimes soon.

I talked to a friend who used to work for a collection agency who told me other than my credit rating taking a bit of hit, nothing to worry about especially since I don't plan on buying a new house or car soon. Also said if I explained this to a company, they probably would look past it.

Any feed back?

Make a run for the border!

 

[black booty lover]

:ballchain:

 

[Ohyesuare]

No, nothing to worry about. They aren't likely to sue you over 4G's that isn't even really your debt. If you can wait out the 7 years till it falls of your record, no problems at all. Especially if you won't need a loan, mortgage, credit line increase etc..

 

[black booty lover]

They aren't likely to sue you over 4G's

Im guessing its more time, effort and money than it even is worth coming after me for it.

 

[Bubbles99]

Im guessing its more time, effort and money than it even is worth coming after me for it.

Too each there own. For 4G I could/would be rather convincing.

:fear:

 

[rld]

Im guessing its more time, effort and money than it even is worth coming after me for it.

The ownership of a vehicle not under your control is a huge liability waiting to happen in Ontario.

That having been said. I would ignore them until they sued you.

 

[black booty lover]

The ownership of a vehicle not under your control is a huge liability waiting to happen in Ontario.

That having been said. I would ignore them until they sued you.

Yes but that's done now as the police possessed it and sold it.

If they took me to small claims, my argument would be that if they can track me down to sue me for money, why didn't they track me down first and tell me technically it's still my vechicle so I need to pick it up and get rid of it?

 

[Kasia Rose]

I have personal plates on my car that were a family members. All transferred to me, all the 407 tabs paid at the time of transfer plus any parking tickets, etc. 2 years later, 407 are coming after me for charges made on the plates when there were not in my name that are "re-billed". I called and was told they are charges that were just now found and are being collected on and I am the new owners so I owe. I have 2 years worth of interests as well. I took over the plates only, the car was willed to another family member.

Is this right? Do I have to pay this? They just gave be a bill of $80, plus new account fees and $25 in interest. I will pay it but it seems wrong somehow.

Anyone know......

 

[rld]

Yes but that's done now as the police possessed it and sold it.

If they took me to small claims, my argument would be that if they can track me down to sue me for money, why didn't they track me down first and tell me technically it's still my vechicle so I need to pick it up and get rid of it?

That might fly in Small Brains Court. Have a long hard look at the Repair and Storage Liens Act, I have not looked at it in years, but I think it applies to your facts.

 

[Mr Bret]

I have personal plates on my car that were a family members. All transferred to me, all the 407 tabs paid at the time of transfer plus any parking tickets, etc. 2 years later, 407 are coming after me for charges made on the plates when there were not in my name that are "re-billed". I called and was told they are charges that were just now found and are being collected on and I am the new owners so I owe. I have 2 years worth of interests as well. I took over the plates only, the car was willed to another family member.

Is this right? Do I have to pay this? They just gave be a bill of $80, plus new account fees and $25 in interest. I will pay it but it seems wrong somehow.

Anyone know......

These 407 vultures always seem to get away with highway robbery.
Literally in their case.

 

[black booty lover]

well, if they pull that shit Im going to tell them I want the vehicle back.

 

[rld]

I have personal plates on my car that were a family members. All transferred to me, all the 407 tabs paid at the time of transfer plus any parking tickets, etc. 2 years later, 407 are coming after me for charges made on the plates when there were not in my name that are "re-billed". I called and was told they are charges that were just now found and are being collected on and I am the new owners so I owe. I have 2 years worth of interests as well. I took over the plates only, the car was willed to another family member.

Is this right? Do I have to pay this? They just gave be a bill of $80, plus new account fees and $25 in interest. I will pay it but it seems wrong somehow.

Anyone know......

407 collections are governed by the Highway 407 Act. Once again I have not read it in quite a while for these purposes, but I don't think the debt attaches to the vehicle or plate, but rather to the driver or plate holder at the time. Thus I think you may be getting bullied here. A call to the 407 Ombudsman's office might be in order.

But for these amounts it really depends on how much time you want to invest.

 

[rld]

well, if they pull that shit Im going to tell them I want the vehicle back.

I don't think that will fly as long as the vehicle was disposed of properly and they credit you with the net recovery.

But I would not get all wound up about it until they sue you.

 

[GlavaMan]

When I sold my car about six years ago, I had to purchase a 'sellers kit' for about $30 from MTO. This absolved me of ownership and also put the onus on the buyer to pay book value taxes for it as well. I thought it was standard pratice in Ontario.

 

[Rockslinger]

Please check with your insurance broker. A poor credit score could adversely affect your insurance premium. On the other hand, a good credit score could lower your insurance premium. My broker said that credit score is also an indication of "character" (i.e. poor credit score usually means poor character).

 

[black booty lover]

When I sold my car about six years ago, I had to purchase a 'sellers kit' for about $30 from MTO. This absolved me of ownership and also put the onus on the buyer to pay book value taxes for it as well. I thought it was standard pratice in Ontario.

It probably is standord practice, I just think I was in a rush because at the time I had lost my job, was in the middle of moving because I had lost my job and everything was spinning out of control. I think I did get the form. What happened was we were having trouble meeting due to schedules. The vehicle was already parked at his place as I had purchased a different one and he said since Im going to buy it, just keep it parked on my driveway. When I got the form, he said "just sign it, leave it under the passanger chair and Ill leave the money in an envelope". Sure enough the money was there, and I left the signed form under the passanger seat thinking "who would pay for a vehicle, then not sign the ownership so they can drive it?"

Now this collection agency is up my ass.

The new message they send me now is "we are now proceeding with further action".

 

[rld]

It probably is standord practice, I just think I was in a rush because at the time I had lost my job, was in the middle of moving because I had lost my job and everything was spinning out of control. I think I did get the form. What happened was we were having trouble meeting due to schedules. The vehicle was already parked at his place as I had purchased a different one and he said since Im going to buy it, just keep it parked on my driveway. When I got the form, he said "just sign it, leave it under the passanger chair and Ill leave the money in an envelope". Sure enough the money was there, and I left the signed form under the passanger seat thinking "who would pay for a vehicle, then not sign the ownership so they can drive it?"

Now this collection agency is up my ass.

The new message they send me now is "we are now proceeding with further action".

Tell them that you deny owing the funds, you are disputing the claim and if they call you again you will report them to the Registrar of Collection agencies.

 

[black booty lover]

They always call during the day when Im at work so I don't get a chance to speak with them. They just leave messages. The weird thing the messages always come in from Alberta or Saskatchewan.

I don't even know what that means...."the registar of collection angencies"???

Can you guys elaborate on this?

By the way, I really apprecieat all input/advice guys.

Thanks

 

[rld]

They always call during the day when Im at work so I don't get a chance to speak with them. They just leave messages. The weird thing the messages always come in from Alberta or Saskatchewan.

I don't even know what that means...."the registar of collection angencies"???

Can you guys elaborate on this?

By the way, I really apprecieat all input/advice guys.

Thanks

Collection agencies are regulated by a government body, it used to be called the Registrar of Collection agencies, but it may have changed its name.

Once you inform them that you are disputing the original charges or debt they have to stop bothering you, and either sue you or leave it lie, or face potential sanctions from the governing body if you complain about them.

I suspect an e-mail is just as good.