Broker Does Not PAY!!!
#1
Rookie
Thread Starter
Join Date: Mar 2011
Location: New Jersey
Posts: 30
Broker Does Not PAY!!!
Hi, help me out guys. Did move for broker 12/2/10, send invoice out next day, today is 3/18/11 still have not got my money, calling broker everyday, his saying i got no money. What is my next move to do?:banghead:
I did checked credit report before i did this run, was ok. I'm checked on him now and it's no good no more. $1200 its a lot of money for me, i started my bussiness 9 months ago. :cry:
#3
If you are a member of OOIDA give them a call. They should be able to help you file on his bond or perhaps offer some other advice. You could file suit against him, but if he is broke it won't do much good.
#4
Hi, help me out guys. Did move for broker 12/2/10, send invoice out next day, today is 3/18/11 still have not got my money, calling broker everyday, his saying i got no money. What is my next move to do?:banghead:
I did checked credit report before i did this run, was ok. I'm checked on him now and it's no good no more. $1200 its a lot of money for me, i started my bussiness 9 months ago. :cry:
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#5
Senior Board Member
Join Date: Oct 2006
Posts: 2,079
Call the shipper. I *think* they are liable. At least that's what I have been told by other brokers.
Also, you can try typing his MC into the safer database at this link. Licensing & Insurance Carrier Search which will tell you who the bondholder is, but it's probably too late for that. The bond is probably already canceled and authority revoked.
#6
Call the shipper. I *think* they are liable. At least that's what I have been told by other brokers.
Also, you can try typing his MC into the safer database at this link. Licensing & Insurance Carrier Search which will tell you who the bondholder is, but it's probably too late for that. The bond is probably already canceled and authority revoked. Agricultural porducts are "exempt"....food stuffs too.....but if the equipment is flatbed / step / RGN / etc; Then anything except animalfeed they can go directly to the shipper for payment, with the original BOL. If the product was machinery, building material...so on.....and the shipper or consignee, either one, refuse to pay because they already paid the broker, then he / she, can file a lean with the courts on the product.
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Space...............Is disease and danger, wrapped in darkness and silence! :thumbsup: Star Trek2009
#7
If it is an exempt product you can't file on the bond.
Collecting from a shipper(reciever) is pretty tough in state courts. You need the right set of circumstances. Money involved in trying to move to federal is far more than the money owed. Attorney fees on freight claims are in federal court are not allowed. |
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