Legal Question in Civil Litigation in Florida

3 months ago we loaned our son, who was then living under our roof, $10,000 to purchase equipment to start a small business. The money to purchase the equipment was written on our bank account. The titles are in his name. He has a history of drug abuse and quickly showed he has no serious intent to fulfill his obligations. He is now threatening to sell the equipment without the titles. Can he do that? And do we have any legal recourse to recover our money from the sale?


Asked on 8/05/09, 12:01 am

1 Answer from Attorneys
Alan Wagner Wagner, McLaughlin & Whittemore P.A.

You have no recourse through the sale. You can sue him for the loan depending on the terms of the agreement. Learn your lesson this time before you give him more money.

Read more
Answered on 8/06/09, 11:51 pm


Related Questions & Answers

More General Civil Litigation questions and answers in Florida