Legal Question in Credit and Debt Law in Florida

Prommissory Note

As security on a note I held the signed title to an automobile. In the event of default can I legally transfer the auto into my name & take possession.


Asked on 7/23/07, 5:26 pm

2 Answers from Attorneys

David Slater David P. Slater, Esq.

Re: Prommissory Note

not without a court order.

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Answered on 7/23/07, 6:00 pm
Scott R. Jay Law Offices of Scott R. Jay

Re: Prommissory Note

NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.

You would probably have to file a suit for damages in the appropriate court in order to enforce your rights. Florida does not recognize any "self help" thus you cannot just take the title to the car without a judicial decree.

Scott R. Jay, Esq.

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Answered on 7/24/07, 1:46 am


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