What if you have a judgment adjacent-door-door to a taxicab company or a taxi driver? How could you enforce such judgments? What if your debtor owns a taxicab medallion, can you levy that medallion? This article discusses how taxi drivers, taxicab companies, and taxicab medallions take be nimble, and how some have recovered these nice of judgments.
One of many judgment articles: I am a Judgment Broker, not a lawyer, and this article is my mention based harshly my experience, charm consult also a lawyer if you dependence definite advice.
Taxicab medallions are often owned by taxicab companies and leased to the taxicab drivers. Sometimes, an assignment order is the right habit to recover a taxi-associated judgment. If an assignment order is used, one must figure out where to bolster it rotterdam taxi.
There are two ways that taxi companies feat. The first model is more common, the second is relatively rare. The first taxicab operation model is called the “taxi-lord” model.
In the taxi-lord model, taxi companies come to an concurrence concur facilities to taxi drivers deadened a conformity taking into consideration them. The taxi drivers lease their cabs from the taxi-lord (who is not necessarily related taking into consideration the taxi company). The taxi-lord provides car insurance for each taxi, and paints the vehicles for use by each taxi company.
A typical taxi driver pays the taxi-lord virtually $90.00 per hours of day often for a 12-hour shift, and the drivers often make laugh their gas tanks at the fade away of their shifts. The drivers are along with supposed to tidy the windows and wash their cars at the subside of their shift, however few reach. An experienced taxi driver often nets very more or less $150 to $200 per shift.
Under this first taxi-lord model, dispatched fares are puff to screens in the taxis, and any handy taxi driver can state you will it; first-arrive gets the fare. The driver gets fares and tips. The driver might gross $35 an hour (perhaps even more once tips), however after paying the taxi-lord, the cab company, and for gas, the driver might net not quite $9 an hour
The second taxicab operation model is not as common. The taxi company owns all the taxicabs and medallions. It hires the drivers as employees. The employees save a log of all their choose-ups (both dispatched and hailed) as dexterously as the meter readings and mileage. The drivers write beside or book everything, except for their tips.
At the decline of the shift, the driver hands well ahead than the sum fares received that hours of day, except for their tips. Every week, the taxicab company totals the fares stated by the driver, and pays them (e.g., 40) percent of that quantity as their wages; deducting taxes of course. In this second model, the company pays for the driver’s gas and all expenses.
If your debtor owns a taxi medallion but not a taxicab, they are often paid by a cab-lord who affixes it to their cabs. You compulsion to know what the taxi business model is, to figure out how your debtor is getting paid. Often, a judgment debtor and/or third-party psychiatry will be needed to learn who is paying your debtor.