Re:Client did not pay?
by bdcravens on Tuesday February 05, 2019 @04:43PM
(#19090147)
With cars having increased connectivity, I wonder how much drama it would cause if the radio stopped working, fuel efficiency started going down, etc, when you were late on a car payment.
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Reminds me of a Barnaby Jack Defcon talk about medical implants, and the idea that they could stop functioning properly if you miss your payments.
I'll try and find it.
Repossession is one thing and is certainly a more professional, and legal, than this kind of ransom.
If a contract was in place for a piece of work, similar to a finance agreement on a vehicle, then legal recourse is the way to go. Be it repossession or a lawsuit.
The right answer is always have a legally binding contract :)
Re:Client did not pay?
by covermydonkey on Wednesday February 06, 2019 @01:58AM
(#19093273)
As someone who works for a large asset finance company I can tell you that the plan is to ensure a car with missed payments cannot be started.
We do offer payment holidays and finance restructuring as to those that miss a payment.