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Old 12-05-2017, 11:45 AM   #41
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Originally Posted by Mule View Post
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.
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Old 12-06-2017, 06:41 PM   #42
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A car never gets to the point of a zero or negative value. There is always the scrap metal value and it can easily be put on a truck and hauled to the scrap yard.

Not so a boat. While a sailboat may have a lead keel that has some value, a typical power boat can reach the point where the cost to haul it off gives it a negative worth. This is when the owners abandon them. Most responsible people sell or give them away before they get to this point.

Some people buy or accept the title to these boats with the idea of fixing them up without realizing the cost to do so. Others are homeless and would rather stay on a boat than under a bridge.

It would certainly be cheaper for the government to tow them away before they sink but many governments don't seem to care. And once they sink they are no longer an eyesore so they don't care.
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Old 12-06-2017, 07:24 PM   #43
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It would certainly be cheaper for the government to tow them away before they sink but many governments don't seem to care. And once they sink they are no longer an eyesore so they don't care.
It's not caring. It's having the authority to do so.
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