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A FIFA is where somebody gets a judgement against you and that FIFA attaches to any personal and real property that you might own. So--if that van is owned free and clear---that person can go get that van as part of the settlement of the judgement debt. Not many folks actually do this---most are companies and they just let it be recorded at the Court house and it draws interest--I think.

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When I was in high school, I drove repos for a banker friend. He referred to it as "nailing deadbeats." He'd call me and say "freebird, do you have some time today to help me nail a deadbeat?" I'd say yeah because it was easy money and every once in a while the car wasn't a junker.

 

Well, until the time I got shot at.

 

I haven't nailed a deadbeat since....

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When I was in high school, I drove repos for a banker friend. He referred to it as "nailing deadbeats." He'd call me and say "freebird, do you have some time today to help me nail a deadbeat?" I'd say yeah because it was easy money and every once in a while the car wasn't a junker.

 

Well, until the time I got shot at.

 

I haven't nailed a deadbeat since....

 

I bet. I don't blame ya one bit.

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