Legal Question in Civil Litigation in California

I recently traded my truck that I still owe money on. We made a verbal agreement that he would pay off my loan and give me his van. It has been over a month since the trade and I haven't recieved any money. I've tried calling him and his phone is shut off. I drove by his house and he doesn't live there anymore. I do not have the money to make my payments and the bank cannot repo my truck if it is not in my possession. What should I do?


Asked on 7/28/11, 7:42 pm

1 Answer from Attorneys
Anthony Roach Law Office of Anthony A. Roach

The lender can repossess your truck wherever they find it. You are not clear when you state you haven't received any money. You confuse me when you state it was a trade. A trade doesn't involve money.

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Answered on 7/29/11, 12:49 pm


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