Quote:
Originally Posted by Mule
Establish the owner, make it a Coast Guard responsibility exclusively. Due Dilligence legally with laws in place, charge their IRS account with a bill. Interest charged at a very reasonable prime rate, nor robbery like student loans.
I am sure lots of reasons can be conjured up not to do this, but a healthy amount would be recovered. 3% bad actors is NO justification for 97% being severely punished.
|
Not CG. State issue so not IRS in any way. Doesn't matter what rate of interest or what other charges you make against someone who is judgment proof. Persons who abandon derelict vessels generally have no ability to pay anything. No healthy amount to be recovered, just a lot of money to be spent trying.