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  • Capricious's Avatar
    08-22-2017, 01:52 PM
    In regards to the status of legal title to the tractor, it is probably safer to buy from a dealer if for no other reason than the dealer probably...
    142 replies | 10874 view(s)
  • Capricious's Avatar
    08-22-2017, 01:04 PM
    It has already been alluded to, but I think it should be emphasized that Deere Financial is not the "bad guy" here- the seller of the tractor is. ...
    142 replies | 10874 view(s)
  • Capricious's Avatar
    08-22-2017, 11:39 AM
    I think they have (6) years: SS 3-118. STATUTE OF LIMITATIONS. | UCC - Uniform Commercial Code | LII / Legal Information Institute It is...
    142 replies | 10874 view(s)
  • Capricious's Avatar
    08-22-2017, 10:31 AM
    One heck of a financial hit. I "THINK" it is deductible as a casualty loss, which would help a little. Hopefully the seller has assets the...
    142 replies | 10874 view(s)
  • Capricious's Avatar
    08-22-2017, 09:21 AM
    You don't have to "feel" this is wrong: It simply IS wrong: If someone sells the asset which secures a loan, without first (or simultaneously)...
    142 replies | 10874 view(s)
  • Capricious's Avatar
    08-21-2017, 04:57 PM
    It varies by state, but I think in most cases tractors and other ag equipment would normally be subject to sales tax and personal property tax but ...
    142 replies | 10874 view(s)
  • Capricious's Avatar
    08-21-2017, 03:28 PM
    ".. would it hurt to simply put the tractor somewhere else for safekeeping?.." Yes, I think it would hurt. I would NOT attempt to withhold...
    142 replies | 10874 view(s)
  • Capricious's Avatar
    08-21-2017, 01:49 PM
    I think they are guilty of fraud if they sell a machine without the security interest released, whether or not the bill of sale so states. ...
    142 replies | 10874 view(s)
  • Capricious's Avatar
    08-21-2017, 08:12 AM
    The poster with the problem stated that the seller told him the tractor was free of any liens. I suppose if someone is going to lie, they are not...
    142 replies | 10874 view(s)
  • Capricious's Avatar
    08-21-2017, 06:44 AM
    I agree with the sentiment of your position; that Deere did everything they were supposed to do to protect their security interest in the machine. ...
    142 replies | 10874 view(s)
  • Capricious's Avatar
    08-21-2017, 06:36 AM
    That would be my course of action. Of course, the lawyer is going to cost you (I am currently a plaintiff paying a lawyer on an unrelated matter,...
    142 replies | 10874 view(s)
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About Capricious

Basic Information

About Capricious
Location (City, State):
Eastern Missouri
What Make/Model of Tractor Do You Own?:
Mitsubishi MT160D
Type of Member:
Homeowner (21-50 acres)

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08-28-2017 04:09 PM
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07-02-2014
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