defaulted payments..repo? online poll?

[thattreeguy]

a guy who used to work for me bought my 16" whisper chipper. i put over 5 grand in rebuilding it 6 months ago. new everything.. sold it for 5 grand, he paid only 1450 so far 2 months and no payment..last month he blew a truck motor..i let it slide... this month he dislocated his hip..possible 500 payment coming or what he can.. the machine is in kansas city kansas now. i feel like saying f you pay me( from the movie goodfellas) or repo'ing the machine ...what do y'all think

 

[Chum]

He's got a string of bad luck and we're going to see a lot more of it ahead, but he's also unexpectedly disabled to honor an agreement you've extended already.

It was a great gesture on your part to sell a machine to someone to just recover the rebuilding costs. He had a chance and more than a good one - he gained equipment not available any other way. He couldn't do it though.

I'm slightly non-objective because I needed a chipper and couldn't get one until I had the cash to buy one. Same with vehicles, medical care now, and food. Living beyond means means living beyond means. The debts surface eventually and we're conditioned to not include them in on our assessment of our daily lives.

That just happened.

 

[thattreeguy]

so are you saying cut him more slack..i got bill collectors in my ear and hate this whole situation, but am trying to be sympathetic to and injured comrade

 

[Stumper]

Talk to him. Lay it on the line. DO yuwant me to take it back or can you pick up the payments? This doesn't have to be mean spirited , nasty or unkind. His troubles don't make your troubles go away. Grace and mercy are important in human relationships. So are fairness and honor. You have shown mercy already. If you can let him make the current payment and make up the overdue stuff later that is more grace and if he is fairminded at all he will understand that yu are being good to him but he should also understand that you aren't the obligation that he can just let slide. I borrowed money for equipment from a friend once. That was the bill I paid before I paid fro housing or groceries.

 

[Mr_Ed]

Hmmm. Perhaps you could offer to return his $1450, and sell the machine on? its not like he's going to need it for a while. If its working, it can pay for itself. If not, he can't afford to keep it.

 

[thattreeguy]

anyone in or near kansas want a chipper? i will cut him one more month..butafter that ...

 

[Colin]

That is probably best!