Legal Question in Credit and Debt Law in Florida

Debt collection from a friend with complications
My friend wanted a car but had no credit. The car was put in my name. I let her borrow the downpayment, she promised to pay it back. Of course I never got it in writing! The loan was in my name because of her credit. She was going to be making all the payments on the car. Once she missed one I told her that I would take the car from her. She didn't make 3 of the 4 payments in the coming months. I have the car in my hands now but she is not paying me for the downpayment or answering my phone calls. I believe she moved and is avoiding me. I also want to get the difference of the money lost on the car loan once I sell the car. I have no idea what to do the only thing i have going is that I never drove the car it was only to be for her. It's a manual, I can't drive a manual. So it's basically her word against mine. Thats what im worried about.

Asked on 11/11/03, 8:24 pm

David Slater David P. Slater, Esq.

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Re: Debt collection from a friend with complications

And so you should be. Oral agreements are not worth the paper they are written on.

Answered on 11/11/03, 11:13 pm

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