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I have met this guy at a mechanic shop, we exchanged numbers and became sort of friends. He then proposed to do a small business with m by buying damaged cars, and since he is a mechanic he will fix the cars and sell these cars and split the profit. We started by me giving him $4,000 to buy that 2001 Honda accord. He took the money from me and now is claiming that the money got stolen.
After a really bad argument, I took him and went to a lawyers office, prepared something sort of a contract agreement saying that I have lent him $4000 as a loan and to b e paid back to my over a period of 8 months at equal monthly installments of $500. This contract has been witnessed by a lawyer and notarized by a notary public.
If this guy default? What should I do?
If I go to court and claim against him having this contract as a support, and he tells the judge he has no money to pay me back, how do I get my money back?
Does he go to jail? Any help please!

2006-11-28 20:25:17 · 3 answers · asked by aka03271 2 in Politics & Government Law & Ethics

The lawyer said that if the guy defaulted, he will be unable to take this case any further. He doesnt do that kind of cases, however, he said I can still go to court and file against him!! Lawyer was even too busy!

2006-11-28 20:30:33 · update #1

3 answers

If the guy defaulted, file a case of garnishment so that his properties will be sold and the proceeds will be paid to you.

2006-11-28 20:28:17 · answer #1 · answered by FRAGINAL, JTM 7 · 0 0

Great Case for Judge Judy. You can take him to small claims court.

2006-11-29 04:29:33 · answer #2 · answered by mimi 4 · 0 0

What does your Lawyer say on this?

2006-11-29 04:28:31 · answer #3 · answered by dorianalways 4 · 0 0

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