My friend asked me to cosign for a car loan. I agreed. When we got to the car dealership they stated that her credit was to bad..They told me that I would have to get the car on my own. she promised that she would make all payments on time. I went ahead and put the car in my name. Here it is 2 years later and she has not made a payment. I have went to her job to get the car. I found out that she has other people dropping her off. I went by her place to discover that she has moved. All numbers have been changed. I contacted the police and was told that I could not report the car stolen. I amm in the process of buying a new home and I really really need this extra income...if I could at least get the damn car back. Even if I cant sell it at least I would have the car. What can I do
2007-10-11 11:58:59 · 8 answers · asked by Lynn 1 in Politics & Government ➔ Law Enforcement & Police
I hope you learned a valuable lesson, and give a new definition to the word Friend. The car is in your name. Whose name are the license plates under?. If the plates are under your name, then you can still go after her for theft by deception.
2007-10-11 12:17:00 · answer #1 · answered by CGIV76 7 · 2⤊ 0⤋
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2016-09-26 14:38:13 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Now you know why finance is a risky business.
Sounds like a civil case, not a criminal one, although if she is hiding the car, it may be getting close.
I would hire an attorney for a couple hundred bucks to send her a letter laying down the law, notifying that she has x days to return the car, and get paid up in full, or face the consequences.
Follow the attorney's advice on the best way to eliver the notice.
Then, since she will certainly do neither, you will have grounds to file suit in the appropriate court as the attorney advises, and also possibly grounds to report the car stolen at that point.
2007-10-11 12:18:55 · answer #3 · answered by Barry C 6 · 2⤊ 0⤋
If you are hiring a lawyer to help with your home mortgage you should also ask if there is any way you can get the car back through the courts ie.. small claims. Regardless talk to a lawyer about the situation. There are many ways of tracking where your friend has gone. Internet has many resources to find that persons previous and current addresses and phone numbers.
2007-10-11 12:20:59 · answer #4 · answered by Anonymous · 2⤊ 0⤋
If she has by no skill made a charge, and the motor vehicle is a hundred% on your call, you may first get the motor vehicle returned. in case you may discover it... Get a police officer to fulfill you and take the motor vehicle away. in case you may not discover her at residing house, you may discover her at paintings. i might sue her for the money, and serve her papers at paintings. If it extremely is the only place you will locate her, it extremely is the place she gets served. pass to the police station and communicate over with somebody there. Whoever reported you may not checklist the motor vehicle stolen could have been incorrect. clarify that the motor vehicle is on your call, you have asked for it returned, and she or he refuses to cooperate. That makes it stolen belongings. My difficulty is the actuality that somebody is dropping her off. the two the motor vehicle is long previous, stolen, impounded or she is hiding it from you. it could do to have a chum of yours - somebody she doesnt understand - save on together with her residing house to make certain the place she lives. according to hazard the motor vehicle is there. the priority you have is which you allowed this to pass 2 years. it extremely is tacit consent. If she had neglected 2 months, that motor vehicle may be returned in m y driveway. As a plaintiff, you have a responibility to mitigate your damages. in case you enable it choose for 2 years, then you certainly - via implication - made this a modern. you're in a tough spot right here, and that i'm hoping which you have a minimum of gained some journey. Your "buddy" could be ashamed
2016-10-06 12:46:34 · answer #5 · answered by raj 4 · 0⤊ 0⤋
the car is in your name but why so long to do something about it??? report it stolen...i guess would be an option..have you got any papers stating that it is in YOUR name,go get it,repo's guys will get for you maybe for a small fee,it is worth looking into..
2007-10-11 12:38:19 · answer #6 · answered by Sandy Toca 1 · 0⤊ 0⤋
Depending on how much you are willing to pay - have you considered hiring a repo company to get it? I have no idea what their costs are - but if the bank could hire them, so could you. It may be worth looking into.
2007-10-11 12:37:24 · answer #7 · answered by Boots 7 · 0⤊ 0⤋
Follow her home when she gets a ride. Notify the police that you are in the process of retrieving your property first though, so you can't be charged with stalking.
2007-10-11 12:06:06 · answer #8 · answered by Gray Wanderer 7 · 0⤊ 0⤋