Legal Question in Credit and Debt Law in Texas
Loan Repayment
I loaned $30,000 to my live-in boyfriend to buy a new truck and pay off the balance on an old truck. It was a verbal agreement. He gave me access to his bank account to pay all bills and deduct it from the loan amount. All went well until he quit his job. Since then he was rehired but we are no longer in a relationship except as roommates. When I called in the debt and asked that he sell his truck and pay me back he refused. The title is in his name and he said he was going to leave and take the truck. How do I go about collecting this debt? What type of attorney should I consult with? Which court can I file a suit in?
3 Answers from Attorneys
Re: Loan Repayment
I assume you no longer have access to his bank account. First, file for a temporary restraining order prohibiting him from removing the truck from your premises. Then seek a temporary restraining order for the same relief. Ultimately, you can sue him on the car loan.
Re: Loan Repayment
Sorry, I mistyped in my original reply. I intended to state, "first filed for a temporary restraining order," then, "seek a temporory injunction."
Thanks.
Re: Loan Repayment
You'd need to speak with an attorney that regularly handles consumer debt collection. You may also have to sue for injunctive relief to keep him from removing the truck. The attorney will decide which court to bring suit.