Can’t afford large deductions

why is the company paying for the repairs?

What does your contract say about separation and concluding the contract?

Do you have to pay it all back before they release you or does it say that you can pay it off after you separate from the company?

How much do you owe?

How much do you have in your reserves?

What company is this?

 

What/which contract? You're leased to them for a fixed period of time contract? Or is there a contract or lien on your truck for the repayment for the repair? Breach of contract is never good. Depends on what the contract states. Usually remedies for the other party and damages. Best to talk to an attorney. I know that costs money but there is not a lot of choice here given the owner is being an ___ hole.

 

A Hail Mary is needed.

if it was my truck and I bought it from a bank and not through a company, than I would have moved companies and try to save my house.

although my actions would bring a lawsuit from current company, it would also give me some leverage to negotiate a better payment plan.

this way atleast I’m trying to save my house and buy me 6-12 months before lawsuit works it’s way through the courts.


Then I would catch up on my house bills and look for a job and dump truck.


File bankruptcy with homestead act so they can’t take house.

forgot to mention, when you can after the blowback payback company that gave you money to repair. Atleast do the right thing in the end.

consult with attorney.

 

I'm sure when you needed that money you agreed to their terms. If you didn't like the terms, you could try to get the money elsewhere or give up the truck.
Or maybe they forced you to take their money?

 

The company loaned you money for repairs, of course you them the money back.

To be honest you shouldn’t be an owner operator. You should build up a maintenance account from day one. You shouldn’t have to go to your owner asking for a loan to fix your truck. Sell the truck and cut your losses, you have no business being an owner operator.

 

Yep