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Beware of This Boat Broker in Texas

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Old 03-18-2005, 11:08 PM
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Default Re: Beware of This Boat Broker in Texas

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Originally Posted by Johno
Agree with Von Bongo,
Without you signing the title/ registration over..how did the buyer title or finance the boat?
HE FINANCED IT WITH THE BROKER FOR 5 YEARS
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Old 03-19-2005, 12:06 AM
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Default Re: Beware of This Boat Broker in Texas

It was only a balance of $16,000.00 for 5 years.
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Old 03-19-2005, 12:20 AM
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Default Re: Beware of This Boat Broker in Texas

Kill the bastards!!!
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Old 03-19-2005, 11:34 AM
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Default Re: Beware of This Boat Broker in Texas

Its still yours then go get it. If he signed your name he is in some trouble.
the person that has the boat will have to sue the broker for fraud.
I was never legally transfered to him.
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Old 03-20-2005, 10:56 AM
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Default Re: Beware of This Boat Broker in Texas

I'd report it to the local pd as being stolen. It's your boat and he stole it. Grand theft is taken very seriously.
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Old 03-22-2005, 10:55 PM
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Default Re: Beware of This Boat Broker in Texas

Well everyone, I finally talked to Nathen who bought the boat from the broker, he informed me that the DA of Travis County in Texas (Austin) has agreed to prosecute 4-play marine for fraud. Hooray!! See my post , "Helped , robbed by a broker, what should I do?" for other breaking news. Thanks everyone for your support and comments. Tom Richter
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Old 03-22-2005, 11:21 PM
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Default Re: Beware of This Boat Broker in Texas

Tom,

Forgive me for chiming in but I have been following this thread for some time with interest. Seems to me that all you will really get is some satisfaction if the DA really goes after this man. In the end, you still don't have your boat!!!!!

I agree with many of the other posts with regard to repo'ing the boat and then let Nathan sue you in civil court. While I can't speak for anyone but myself here I have to think that we all feel pretty damn bad for Nathan for the situation he is in. The fact remains that you are still the legal owner of the boat and you shouldn't suffer for it.

As a side note, if you stopped making payments on the boat the finance company would be forced to locate and repo the boat for you. By law, you would be given an option of purchasing the boat for the remaining balance owed on the boat to the finance company. Just an interesting thought and my 2-cents....If I were you I would have an attorney get VERY legally aggressive with Nathan and get that boat back.

--KevinJ
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Old 03-22-2005, 11:33 PM
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Default Re: Beware of This Boat Broker in Texas

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Originally Posted by kevinj
Tom,

Forgive me for chiming in but I have been following this thread for some time with interest. Seems to me that all you will really get is some satisfaction if the DA really goes after this man. In the end, you still don't have your boat!!!!!

I agree with many of the other posts with regard to repo'ing the boat and then let Nathan sue you in civil court. While I can't speak for anyone but myself here I have to think that we all feel pretty damn bad for Nathan for the situation he is in. The fact remains that you are still the legal owner of the boat and you shouldn't suffer for it.

As a side note, if you stopped making payments on the boat the finance company would be forced to locate and repo the boat for you. By law, you would be given an option of purchasing the boat for the remaining balance owed on the boat to the finance company. Just an interesting thought and my 2-cents....If I were you I would have an attorney get VERY legally aggressive with Nathan and get that boat back.

--KevinJ
Kevin, did you read the other post? TRichter
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