Comments on: 407 ETR Debts Dischargeable in Bankruptcy or Proposal

By: Rick

Rick — Tue, 22 Mar 2016 21:24:34 +0000

Joe,

I do agree with most of what you’re saying in this article. It was very informative with whats happening. However, for those not knowing the back end with how the 407 ETR conducts its unethical business practices. In my case, I had a final owing amount of $500 in 2006. I went through health issues with cancer for many years and I still tried to run my business. I eventually had to file for bankruptcy and I was discharged in January 2012. My most recent bill in January 2016 from the 407 ETR was about $17,000 which is outrageous!! On a daily basis people are being charged absurd interest rates. To my understanding it is a Spanish country that owns the 407 ETR.

I understand I will be exempted when I do contact the 407 ETR and my plate denial will be lifted. But what are your thoughts of people paying the outrageous interest rates on a daily basis? Yes, I do agree with paying the owing amount so I will be doing that even though I know its not necessary. Since I am an ethical person I will be making that payment.

Regards,
Rick

By: J. Douglas Hoyes, CA, Trustee

J. Douglas Hoyes, CA, Trustee — Tue, 23 Sep 2014 11:18:06 +0000

Hi Joe. You have two choices. The first choice would be to talk to the law office and make a deal. Tell them you are willing to pay some set amount ($1,000, or whatever you think is reasonable), and that’s it. They may be willing to accept that deal.

The other option is to do nothing, They can pester you for as long as they want, but the true power of the 407 is to deny your license plate renewal. That does not appear to be an issue in your case, since the car no longer exists, and you personally have other transponders, so there may be nothing more they can do. They could take you to court and sue you, but generally lawsuits must be started within two years, so it’s unlikely they will take that action at this time, but with the 407, you never know.

By: Joe C.

Joe C. — Mon, 22 Sep 2014 14:31:32 +0000

Can you advise as to what options are available to me on an issue with 407. Old vehicle (has not had a valid plate for 7 years (or even been in our possession for 4 years). Plate was in the name of a corporation. 407 has been dogging me for years now to collect on money that I don’t owe, nor could I have billed to me as the corp ceased existence 5 years ago, and the car is in some scrapyard somewhere if that at this point. Plates won’t ever be renewed. They are now coming after me personally for $3000 via some Law office in London Harrison Pensa LLP. At this point I am willing to pay whatever original back charge existed to make them go away but I won’t even begin to entertain paying $3000. I don’t even consider whatever the original amount is to be mine as I did explain to the 407 people at some point along the way to no avail.

Is there not some statute of limitations on how long they can pester someone? Am I personally considered Liable for a plate that belonged to a corporation at the time (as president of that now defunkt corp? I just want this all to go away and not reflect on my personal credit bureau (which is isn’t thus far). Any advice would be welcomed. Like I said. I’m willing to pay to make this go away but $3000 is unacceptable.

I should also note I actually have an account personally at 407 for our two personal cars that is paid up to date, with transponders…..