Legal Question in Credit and Debt Law in Illinois
A few months ago I sold a car. I signed the title over to her with a bill of sale stating she is to make payments totalling $3,200. I have yet to receive a payment. Do I stand any legal chance of recouping any of this money? What options do I have, if any, to either get paid or take legal action?
1 Answer from Attorneys
If your bill of sale or related document is properly drafted, your legal options include filing a claim for breach of contract in your county small claims court. You can send the buyer a letter
giving her notice of such action if payment is not made. If you did not record the debt or lien on the vehicle title, the buyer may sell the vehicle without your consent. Prompt action is suggested. This information is general and based on the limited facts described in your inquiry.
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