Bow Thruster RE-POSESSION by VETUS

[TROPHY SPORTFISHING]

Who was the builder?

[cbboatworks]

Who is the builder? I had the same problem with a builder in HI NC that could not pay us for items that we give them on credit, after bounced checks we had to repossess over $5000.00 worth of stuff. PM me if you would like

[Bligh]

Damage your boat removing the tube? I cant see how they would have removed it without damaging the boat? Did this come from vetus direct or a distributer?

[LT01]

Repossesions can only take place where there is a valid lien. A lien has to have an established date prior to the date of sale recorded on a legal bill of sale. If Vetus had a established lien dated prior to the date of sale, then this is an encumbrance that has to be released. The builder had no right to give permission to Vetus to remove the items. This is a private vessel now, in the possession of an owner. Possession does not have to be at his residence. All of you think about where your vessels are docked or stored. Does not matter where it sits, a bill of sale is a bill of sale. I do not fault Vetus for attempting to recover their funds, but I see the builder failing to inform Vetus of all the information at hand on the vessel. The builder is at fault for being a simple dead beat, and Vetus is at fault for putting their trust in a builder that had already stiffed them on the bow thrusters. I have dealt with Vetus on several occasions and their professionalism and customer service is great. In my opinon both Vetus and the buyer were mislead and cheated out of hard earned money.

Look at it simpler terms, a mechanic installs a new starter he procured from A major autoparts supplier. The mechanic fails to pay the supplier. So now the supplier travels to a private residence and removes the starter in the driveway after an owner has paid for service. The supplier would go to jail. Simple. Take heed though the next time you walk up to your docked boat, and your 3 months old electronics package you paid 5k for is missing, you better contact the installer and make sure they paid the supplier.

The biggest lesson to be learned is, in this economy no one is above stealing you blind.

Very well said!!!

[seapower]

I know more about this situation than I care to. These folk's (as well as one more partial boat owner) were involved in a normal boat building situation that simply went bad. I can't excuse the builder here, nor will I try. Things went down hill pretty quickly, they were more patient than I probably would have been. But in their defense, they were doing as most folk's from our area would have done, give the builder a chance to make good, didn't happen. We around here are not quick to go out and hire a laywer and don't think much of those that are, it's just a cultural thing here DownEast.
This whole spectical could have been avoided if the supplier had contacted the owner BEFORE removing the thruster, or the builder contacted the owner BEFORE the thruster was removed. This wouldn't have been an easy situation any way you cut it, but communication before hand would have certainly eased the situation. I mean just the simple confession of "look guy's I'm in a jam and I don't want thing's to get worse", would most assuradly made this pill easier to swallow. They were all screwed at this point, atleast be straight and work it out as best as you can for ALL involved.
I don't reneg on my supplier's if my customer is slow to pay. I rarely ask a customer to pay up front, unless something just doesn't seem right. I count on my supplier's and they count on me. This just was/is a fouled up situation that no one saw coming. There were just better way's this could have been handled, for all involved. Ain't "hind site" a wonderful thing. Frank

[fiberglassmagic]

the part was sold to new owner and can not be removed due to the fact that the repo order was based on bill in the boat builders name.the part was stolen in the eyes of the law.You can obtain a mechanics lein on vehicles held in your possesion,but the yard could lein the boat not the vendor of the thruster.Pm me I am in the buisness and have lost product this way and would of loved to remove the items but its illegal