Legal Question in Business Law in Indiana
My ex partner took out a car loan and purchased a car for me. (I have a poor credit rating).The terms were that I pay monthly installments. Installments were paid by me on time for over 13 months. In the process of this all,we had an attorney write a PROMISSARY NOTE, stating the terms, if late for more than two months, car could could be repossed and I could be taken to court and incur all expenses concering vehicle. In the meantime our relationship ended and my ex did not want to even discuss any means of me keeping vehicle, stating that her friends told her "get the car back. Notes were never late. Do I have any recourse of taking her to court for breaking PROMISSARY NOTE and getting some or all monies back that I paid into car?
1 Answer from Attorneys
If you made your payments on time according to the terms of the note, then you may have grounds to either recover your money or the car. I would recommend that you go through an attorney.
Related Questions & Answers
-
I have worked for a company for 12 years. 3 different owners. last owners are from... Asked 7/17/12, 12:14 pm in United States Indiana Business Law
-
I am currently drawing unemployment through Indiana and I have gotten a part time... Asked 6/23/12, 11:30 am in United States Indiana Business Law
-
After you buy a car or bike do you have time to reconsider Asked 6/18/12, 2:13 pm in United States Indiana Business Law
-
I have taken a two month salary advance and will not get a paycheck for two months.... Asked 6/12/12, 11:28 am in United States Indiana Business Law