Scrapping license

I do not have a problem with it but it's like the dog license, I want it enforced . I will obey the law , I will file my taxes and pay the bill but everyone should have to comply !!!

Originally Posted by submarinepainter

I do not have a problem with it but it's like the dog license, I want it enforced . I will obey the law , I will file my taxes and pay the bill but everyone should have to comply !!!

You're right. The scrappers would have be licensed to sell to the yards. The only issue would be if a thriving black market developed.

Some people - not thieves - might just decide it's not worth the trouble to get a license -it might even drive up prices, if the supply drops.

I don't care for the check part of it. First, you wait for the check, then you wait for it to clear. What if it bounces? Your metal is gone, now you have to chase the yard owners for the money. Also, how can it be legal for a city to say that a business can't pay in cash? Do they have the authority to do that?

Originally Posted by Scrapette

You're right. The scrappers would have be licensed to sell to the yards. The only issue would be if a thriving black market developed.

Some people - not thieves - might just decide it's not worth the trouble to get a license -it might even drive up prices, if the supply drops.

I don't care for the check part of it. First, you wait for the check, then you wait for it to clear. What if it bounces? Your metal is gone, now you have to chase the yard owners for the money. Also, how can it be legal for a city to say that a business can't pay in cash? Do they have the authority to do that?

Only people yards give checks too, is company's that have multiple checks coming in. The drivers collect the check, and turn it into their offices, and they deposit them.

Only other times that I have seen this happen, if the payouts have been pretty high...I believe like $1,000 or more.

If they require license, depends on the regulations, etc if people stop scrapping and prices drop.

Originally Posted by GeorgeB

Only people yards give checks too, is company's that have multiple checks coming in. The drivers collect the check, and turn it into their offices, and they deposit them.

Only other times that I have seen this happen, if the payouts have been pretty high...I believe like $1,000 or more.

If they require license, depends on the regulations, etc if people stop scrapping and prices drop.

That new Cincinnati law would require the yards to pay scrappers with checks and the checks would be on a hold for so many days in case the metal turned out to be stolen.

If people stop scrapping, wouldn't that make prices go up due to scarcity?

Originally Posted by Scrapette

That new Cincinnati law would require the yards to pay scrappers with checks and the checks would be on a hold for so many days in case the metal turned out to be stolen.

If people stop scrapping, wouldn't that make prices go up due to scarcity?

The only thing that would make them stop, is if they can't go a few days without cash. Most scrappers that I know of personally, leave a little cash (like petty cash) for those days, when there is no scrap to be had, or emergencies, etc.

I could understand the whole check thing, but even so, with most banks, if they know you, they will push the check through.

Only way a scrap yard can have a check have a hold on it, if they write a date for a few days into the week. Like if I went today and they wrote me a check, and post dated till Friday, I wouldn't be able to deposit till Friday.