I make a serious mistake.
I bought a car in Melbourne last week, which is still owe money on. I paid cash, then she saved money to the account of loan company at once, and told me everything is ok. I have no experience and trusted her for her local accent.
But when I checked the account in loan company 3 days later, I found she had taken the money out of the account. When I called the former owner, she refused to pay off the loan at once. I called police and sent her a laywer letter. My laywer tells me it is easy to win this lawsuit, but he finds the son of ***** is a drug addict, has no job, no own house, no money. So even if I pay for laywer fee($5000) and win the lawsuit, maybe I can't get anything.
I don't know how to do it. If she doesn't pay off the loan in the future, will the loan company take away my car? If I win the lawsuit, but she doesn't have money to pay me or loan company too, will the loan company take away my car?
2007-03-06 23:21:16 · 7 answers · asked by david 1 in Cars & Transportation ➔ Buying & Selling
You cant get blood out of a stone. These are compromising positions you could often find yourself in. You can thank humanity for these type of problems. I owned property out of state and rented it out. Only to come find that she refused to pay rent. It took months to get an eviction and the place was totally wrecked when I got to the property. My lawyer did the digging and found out she has no assests and this is her M.O. So suing her most likely will do no good. If I were you, I would contact the bank and plead my case. Let them scare her and go after her. Also, you may want to keep the car hidden in a garage or in a storage unit far from your residence. Its not fair someone takes this car from you. I wish I could say something more positive. Good luck!
2007-03-06 23:36:07 · answer #1 · answered by KBLI 1 · 0⤊ 0⤋
yes it is going to be easy, first, you bought the car think it was her,are his, now what happen you souled something that did not belong to her,,, what happen is 2 thing, one you get your money back,, are 2 , she go to jail, an you lost the money are car,,,,. for one thing she did not have a clear title, so sound like you going to lose both ways,now if you want, an save time, i say take the 5000, an pay it off, an take your loset that way,an ,,rember you learn a hard lession,,,,,, next time check, the car out, an look deeper in to the paper on it,,,
2007-03-06 23:35:27 · answer #2 · answered by ghostwalker077 6 · 0⤊ 0⤋
There is achance that yes the car loan company cantake the car back into their posession. However, it should be her being done not you.
2007-03-06 23:30:47 · answer #3 · answered by the Jamster 2 · 1⤊ 0⤋
You need to ask your lawyer these questions.
2007-03-06 23:32:10 · answer #4 · answered by sparkletina 6 · 2⤊ 0⤋
If I were your lawyer, I'd say... "YOU'RE SCREWED LIKE A KANGAROO IN THE JAWS OF AN ALLIGATOR."
NEVER EVER HAND THEM CASH UNLESS THEY HAND YOU THE TITLE FIRST.
2007-03-07 02:47:18 · answer #5 · answered by Anonymous · 0⤊ 1⤋
Ask your lawyer you hired! That's what you're paying him/her for!
2007-03-06 23:30:28 · answer #6 · answered by Anonymous · 3⤊ 0⤋
yes they will repossess your car
2007-03-06 23:31:03 · answer #7 · answered by dumplingmuffin 7 · 2⤊ 0⤋