Trucks are being held hostage - need help

You've tried normal means to recover - involve law enforcement immediately, and report your trucks stolen.

Before you do that, though, give the guy one last chance to return the equipment, and let him know that you'll report the equipment stolen if he doesn't comply. He can't run the trucks if they have bounties on them.

 

I don't know why the police told you that you can't report them stolen. I'd engage an lawyer ASAP.

 

We spoke to the police and we can't report them stolen, which would harm an innocent driver.

Technically they are not STOLEN , you have a supposed LEASE agreement and he is guilty of NON PAYMENT. Contact your lawyer and start repo action.

Went through this with a few reefer trailers 4 years ago, can become a long drawn out affair.

 

When you get in the finance game that happens. Is he running under his own authority? Do you know the area he is running in? There are some good truck repo company's,call around. However it ends up it will cost some money.

 

Why do some folks think this trucking deal is so great and that everyone will make millions and live happily ever after?

You didn't do your homework... sorry about that.

You have little to do but go find those trucks and get them back. Find out who the guys loads for... who the shippers are. Find his friends and family and ask questions... do a sting by offering him good freight and get the trucks when he arrives to load them.

Get creative...

When I was a broker I had a guy load my freight, get a 50% advance and disappear. One week later ge hadn't delivered my freight so I went looking for him. had a name... and a fake address. I went to his hometown... asked round at every truck shop until I found one who knew him. I got an address for his home... found my load sitting on his trailer parked along side the highway.

I rented a truck and picked up his trailer. Reloaded it to another truck and got it delivered. I tried to hold his trailer hostage but the sheriff advised me i had no claim to it and I had to release it to him... never got my advance money back.

Go after him... a little detective work is in order.

 

" rented a truck and picked up his trailer. Reloaded it to another truck and got it delivered." Lucky you were not charged with theft , (regardless of the freight ) the minute you hooked to his trailer and moved it.

 

that's a good idea

 

a hidden gps unit would have made finding them much easier

http://www.gps-auto-trackers.com/index.html

 

GET A LAWYER!!!!!!!!!!!!!!!!!

You should be listed as the owner of the truck on the titles correct??? Since you are "leasing" them to him, his name should not appear ANYWHERE on the title. If you listed yourself as a lein holder, then you really screwed up, as that requires a whole different approach.

If you hold the title and are the primary name on said title, then call the DMV and remove the plating for the vehicle. There is a few forms to fill out, but that will get the ball rolling. Then you need to contact some repo companies and get them on the case. You have no other options unless you know someone who will go to the guys house and knee-cap his ###