Legal Question in Credit and Debt Law in Texas
collect a dept
What would be the best legal procedures to use as the lien holder in th collection of monies owed for a vehicle I sold to an individual?
Asked on 12/17/03, 4:32 pm
1 Answer from Attorneys
Elizabeth Schaefer
SCHAEFER LAW FIRM
Re: collect a dept
Generally, you can sue on the underlying contract debt and on the lien. You may also be able to repossess. The language of the contract(s) between you and the buyer may shed more light.
Answered on 12/18/03, 1:42 pm