Legal Question in Credit and Debt Law in California

Personal Debt Repayment - With a signed contract

My ex-boyfriend used to live with me, and during that period of time he borrowed over $10,000 to buy a car and to pay for back rent that he owed me for living in my house. He was supposed to pay for this debt over a 6 month period of time, but his payments were always late and were not always in full. Also, I took the pink slip for the car as collateral to ensure that his payments would come, but that didn't seem to affect him. A few months ago, I made him sign a contract stating the exact remaining balance as well as the due dates of each payment. He currently owes me about $7500, with about $6000 of it due now, according to the contract. I have tried repeatedly to contact him with no avail. Since he did sign a contract with me, does that mean I have a legal right to the money he owes me? And is there a way to settle this matter without going to court or is that the only solution?


Asked on 3/31/06, 6:30 pm

1 Answer from Attorneys
Robert F. Cohen Law Office of Robert F. Cohen

Re: Personal Debt Repayment - With a signed contract

You would have to go to court. Whether you could collect is another story. If you know where he banks and works, then you're 85% of the way toward collecting. Good luck.

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Answered on 3/31/06, 7:08 pm


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