Scam Alert

Discussion in 'Report A BAD Trucking Company Here' started by truckdriver972, May 6, 2019.

  1. truckdriver972

    truckdriver972 Bobtail Member

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    Mar 6, 2019
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    Maintenance escrow accounts in lease-purchase situations are typically mandatory, often funded from settlements on a per-mile basis to account for variability in weekly mileage.

    These escrows are meant to protect both the carrier’s and the lease-operator’s investments in the truck.

    At the end of a lease or in the event of cancellation with a 30 day notice, the funds remaining in the maintenance escrow should be refunded to the driver.
    However; ASE retains the balance.

    This is an unscrupulous and illegal business practice that robs drivers of their hard earned money.
     
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  3. RustyBolt

    RustyBolt Road Train Member

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    Bement, IL
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    Read through your lease real good. Does it tell you this would happen? If so, you signed it. So stop belly aching. If it doesn't tell you that, call your lawyer.
     
  4. buddyd157

    buddyd157 Road Train Member

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    under a shade tree
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    99.99% of the times, many are in a hurry to be thier own boss.

    the few that actually take the time to read thru a contract, are most likely to UNNDERSTAND the terms of the contract, and succede....
     
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  5. Frank Speak

    Frank Speak Road Train Member

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    SCAM ALERT!

    If you receive a call and the number that shows up on caller ID is similar to your own number, it’s likely a robocall scam.

    YOU’VE BEEN WARNED!
     
    Lonesome, mjd4277, buddyd157 and 2 others Thank this.
  6. kemosabi49

    kemosabi49 Trucker Forum STAFF Staff Member

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    SW Arkansas
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    By the regs a company has 45 days to refund escrow funds collected. Of course you may have signed your escrow away. Did you read your contract yet?
     
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  7. buddyd157

    buddyd157 Road Train Member

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    read it yet..?? sorta like closing the barn doors AFTER the horses got out....
     
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  8. Jonrulerofearth

    Jonrulerofearth Light Load Member

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    Sep 1, 2011
    Hueytown, Al
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    Soylent Green, it's made of people
     
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  9. Lonesome

    Lonesome Mr. Sarcasm

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    Dec 15, 2007
    Northern Indiana
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    Contract? There was a contract? That I signed? Hmmmmm………….
     
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  10. Bumper

    Bumper Road Train Member

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    Feb 8, 2008
    Kingsport, Tennessee
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    Must have missed that part back on page 387....
     
    JoeyJunk, Opus, Lonesome and 1 other person Thank this.
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