Quote:
Originally Posted by JMPRO
If this were a car, I could just repo it .
|
Not necessarily, at least not from a legal standpoint. You technically have to go through all the same BS with a repo, except that most people never do - they just shoot first and ask questions later, and in 99.9% of the cases, no questions are asked later. You could just pull the trigger, toss him out and hope for no repercussions. If you're within your rental contract and he does fight it, you should win in front of a judge, but of course going to court costs time and/or money.
I absolutely agree though that the deadbeats definitely have the advantage, if you want to play fair and square. Form after form after form, court costs, finally get a judgment and then most of the time it's near impossible to collect on the judgment. A couple years ago I got a judgment against someone who owed me upwards of $30K. Absolutely useless. The guy's income is all in cash, 2 mortgages on the house with about $5K equity (about exactly how much it costs to foreclose). Bailiff wouldn't repo the cars in the driveway without bringing a cop with him (cops wouldn't do it), and the sheriff was served with papers to possess personal belongings, but wanted a $1500 fee to do so. What's the point in playing by the rules then? What's stopping me from just hiring some thugs?