Before I get all these emails unfolding me how stupid I am, I would appreciate serious emails only. Now my story. I withdrew 6800 dollars out for my friend to buy a harley davidson thinking I be going to be on title too. Surprise, i was not on it. He is telling me immediately he will sign a note that he owes me 6800 and will pay me increments. Is near any legal forms that I could get online. Once we bring back this form we would go have it notorized. Please permit me know.
You can write your own contract with him. Make sure to include the expressions for re-payment. Do not accept cash for contribution. you will need proof of payment or non compensation if you end up taking him to court. Also make sure you own the contact notorized.
GET AN IOU ! Friends and money don't mix well. If, he totals it ~ he'll assume he won't hold to pay you for it ! Something tells me we'll adjectives be watching you and this whole deal unfold on on JUDGE JUDY !
if he is serious procure him on paper immediately
You should ask him to put you on the put money on of the title as lienholder.
contact a lawyer that specializes in contracs and dialogue just to cover your butt.
yeah an IOU sounds all polite, and him being the only one on the title seem a little strange since you bought the bike.
but heres the wierd part. he is the merely one on the title, and he has it, what happens if he newly stops paying you in increments? he just stole that money from you!! and you are up the creek because you didnt hold a written contract between you two.
Look at buying a car. does the finance company of late give you the title and say merely make sure you pay us hindmost..NOPE!! they hold onto that title until you have paid contained by full.. and if you miss a payment, there are fees up to repossesion..
thats why you entail to contact a lawyar. he can draw up a written agreement and even hold the title for you two until he either pays up in full or you pilfer it over. this way you are investing in not getting ripped past its sell-by date. Look at it this way, is it better to invest the 500 dollars now for attorney fees to have this contract written up now, than enjoy your friend use you and not pay you the 6500 you already gave him??
well brought-up luck on this, but this will cause friction between you two..
You could take the paw written note and your friend to an attorney make sure it adjectives looks ok, as far as amount owed , and monthly payments how much and when payments are to be made. Then have it notorized. At least that means of access you have something in baggage your friend sells the bike or decides not to wage. You may have to pay the attorney a bit something but at least you will have something within writing.
Answers: You need a "Personal note" for the $6800.00 with the motorcycle name as the security.
Additionally you should be named as a "lien holder" on the title.I would interpret the DMV would have a form to become a lien holder on a vehicle.
The "personal note" should list a expenditure schedule, penalties and some kindly of interest ( even if only 1%)
State on the note that ( In no track is any part of this debt to be considered a gift).*** Be sure to add a clause that the full amount can be call at any time.**
Insurance coverage must be required because if the bike is stolen or totaled, you no longer have any "security".
And get a Social Security number,this can subsequent be used to find income or bank accounts if he splits before rewarding the debt.
This was a foolsih move, my suggestion is to make the language of payment as short as possible ,as the longer a debt is outstanding, the harder it is to collect.
GET AN IOU ! Friends and money don't mix well. If, he totals it ~ he'll assume he won't hold to pay you for it ! Something tells me we'll adjectives be watching you and this whole deal unfold on on JUDGE JUDY !
You could take the paw written note and your friend to an attorney make sure it adjectives looks ok, as far as amount owed , and monthly payments how much and when payments are to be made. Then have it notorized. At least that means of access you have something in baggage your friend sells the bike or decides not to wage. You may have to pay the attorney a bit something but at least you will have something within writing.
if he is serious procure him on paper immediately
You should ask him to put you on the put money on of the title as lienholder.
contact a lawyer that specializes in contracs and dialogue just to cover your butt.
yeah an IOU sounds all polite, and him being the only one on the title seem a little strange since you bought the bike.
but heres the wierd part. he is the merely one on the title, and he has it, what happens if he newly stops paying you in increments? he just stole that money from you!! and you are up the creek because you didnt hold a written contract between you two.
Look at buying a car. does the finance company of late give you the title and say merely make sure you pay us hindmost..NOPE!! they hold onto that title until you have paid contained by full.. and if you miss a payment, there are fees up to repossesion..
thats why you entail to contact a lawyar. he can draw up a written agreement and even hold the title for you two until he either pays up in full or you pilfer it over. this way you are investing in not getting ripped past its sell-by date. Look at it this way, is it better to invest the 500 dollars now for attorney fees to have this contract written up now, than enjoy your friend use you and not pay you the 6500 you already gave him??
well brought-up luck on this, but this will cause friction between you two..
You could take the paw written note and your friend to an attorney make sure it adjectives looks ok, as far as amount owed , and monthly payments how much and when payments are to be made. Then have it notorized. At least that means of access you have something in baggage your friend sells the bike or decides not to wage. You may have to pay the attorney a bit something but at least you will have something within writing.
Have the note signed and Notarized Now beside it stating how much his monthly payment will be . Friends are the worse to deal beside and It might amaze you how Friends have a tendecie to all of a sudden chew over you owe them .One thing is for sure if you ever want somebody out of your life loan them money
Have the note signed and Notarized Now beside it stating how much his monthly payment will be . Friends are the worse to deal beside and It might amaze you how Friends have a tendecie to all of a sudden chew over you owe them .One thing is for sure if you ever want somebody out of your life loan them money
You can write your own contract with him. Make sure to include the expressions for re-payment. Do not accept cash for contribution. you will need proof of payment or non compensation if you end up taking him to court. Also make sure you own the contact notorized.
contact a lawyer that specializes in contracs and dialogue just to cover your butt.
yeah an IOU sounds all polite, and him being the only one on the title seem a little strange since you bought the bike.
but heres the wierd part. he is the merely one on the title, and he has it, what happens if he newly stops paying you in increments? he just stole that money from you!! and you are up the creek because you didnt hold a written contract between you two.
Look at buying a car. does the finance company of late give you the title and say merely make sure you pay us hindmost..NOPE!! they hold onto that title until you have paid contained by full.. and if you miss a payment, there are fees up to repossesion..
thats why you entail to contact a lawyar. he can draw up a written agreement and even hold the title for you two until he either pays up in full or you pilfer it over. this way you are investing in not getting ripped past its sell-by date. Look at it this way, is it better to invest the 500 dollars now for attorney fees to have this contract written up now, than enjoy your friend use you and not pay you the 6500 you already gave him??
well brought-up luck on this, but this will cause friction between you two..
You could take the paw written note and your friend to an attorney make sure it adjectives looks ok, as far as amount owed , and monthly payments how much and when payments are to be made. Then have it notorized. At least that means of access you have something in baggage your friend sells the bike or decides not to wage. You may have to pay the attorney a bit something but at least you will have something within writing.
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Just bargain to your friend, be honest and upfront but not rude or deffensive. get a signed contract, get your identify on the title as a lien holder. Most of all remember, only loan money that you dont expect to carry back.You can write your own contract with him. Make sure to include the expressions for re-payment. Do not accept cash for contribution. you will need proof of payment or non compensation if you end up taking him to court. Also make sure you own the contact notorized.
How do I mix the Hells Angels?
GET AN IOU ! Friends and money don't mix well. If, he totals it ~ he'll assume he won't hold to pay you for it ! Something tells me we'll adjectives be watching you and this whole deal unfold on on JUDGE JUDY !
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Has anyone ever have a Huatian 125cc...
if he is serious procure him on paper immediately
You should ask him to put you on the put money on of the title as lienholder.
contact a lawyer that specializes in contracs and dialogue just to cover your butt.
yeah an IOU sounds all polite, and him being the only one on the title seem a little strange since you bought the bike.
but heres the wierd part. he is the merely one on the title, and he has it, what happens if he newly stops paying you in increments? he just stole that money from you!! and you are up the creek because you didnt hold a written contract between you two.
Look at buying a car. does the finance company of late give you the title and say merely make sure you pay us hindmost..NOPE!! they hold onto that title until you have paid contained by full.. and if you miss a payment, there are fees up to repossesion..
thats why you entail to contact a lawyar. he can draw up a written agreement and even hold the title for you two until he either pays up in full or you pilfer it over. this way you are investing in not getting ripped past its sell-by date. Look at it this way, is it better to invest the 500 dollars now for attorney fees to have this contract written up now, than enjoy your friend use you and not pay you the 6500 you already gave him??
well brought-up luck on this, but this will cause friction between you two..
You could take the paw written note and your friend to an attorney make sure it adjectives looks ok, as far as amount owed , and monthly payments how much and when payments are to be made. Then have it notorized. At least that means of access you have something in baggage your friend sells the bike or decides not to wage. You may have to pay the attorney a bit something but at least you will have something within writing.
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Answers: You need a "Personal note" for the $6800.00 with the motorcycle name as the security.
Additionally you should be named as a "lien holder" on the title.I would interpret the DMV would have a form to become a lien holder on a vehicle.
The "personal note" should list a expenditure schedule, penalties and some kindly of interest ( even if only 1%)
State on the note that ( In no track is any part of this debt to be considered a gift).*** Be sure to add a clause that the full amount can be call at any time.**
Insurance coverage must be required because if the bike is stolen or totaled, you no longer have any "security".
And get a Social Security number,this can subsequent be used to find income or bank accounts if he splits before rewarding the debt.
This was a foolsih move, my suggestion is to make the language of payment as short as possible ,as the longer a debt is outstanding, the harder it is to collect.
GET AN IOU ! Friends and money don't mix well. If, he totals it ~ he'll assume he won't hold to pay you for it ! Something tells me we'll adjectives be watching you and this whole deal unfold on on JUDGE JUDY !
Which foot while riding a motorcycle?
You could take the paw written note and your friend to an attorney make sure it adjectives looks ok, as far as amount owed , and monthly payments how much and when payments are to be made. Then have it notorized. At least that means of access you have something in baggage your friend sells the bike or decides not to wage. You may have to pay the attorney a bit something but at least you will have something within writing.
I bought a motorcycle surrounded by VA....
Go to your state vehicle license office and have them give your name as co-owner. But your going to need proof as to why requesting it.if he is serious procure him on paper immediately
You should ask him to put you on the put money on of the title as lienholder.
contact a lawyer that specializes in contracs and dialogue just to cover your butt.
yeah an IOU sounds all polite, and him being the only one on the title seem a little strange since you bought the bike.
but heres the wierd part. he is the merely one on the title, and he has it, what happens if he newly stops paying you in increments? he just stole that money from you!! and you are up the creek because you didnt hold a written contract between you two.
Look at buying a car. does the finance company of late give you the title and say merely make sure you pay us hindmost..NOPE!! they hold onto that title until you have paid contained by full.. and if you miss a payment, there are fees up to repossesion..
thats why you entail to contact a lawyar. he can draw up a written agreement and even hold the title for you two until he either pays up in full or you pilfer it over. this way you are investing in not getting ripped past its sell-by date. Look at it this way, is it better to invest the 500 dollars now for attorney fees to have this contract written up now, than enjoy your friend use you and not pay you the 6500 you already gave him??
well brought-up luck on this, but this will cause friction between you two..
You could take the paw written note and your friend to an attorney make sure it adjectives looks ok, as far as amount owed , and monthly payments how much and when payments are to be made. Then have it notorized. At least that means of access you have something in baggage your friend sells the bike or decides not to wage. You may have to pay the attorney a bit something but at least you will have something within writing.
Have the note signed and Notarized Now beside it stating how much his monthly payment will be . Friends are the worse to deal beside and It might amaze you how Friends have a tendecie to all of a sudden chew over you owe them .One thing is for sure if you ever want somebody out of your life loan them money
Does anybody else enjoy indistinguishable problem next...
I suggest that you check with a lawyer but I imagine any agreement written on any paper that is signed and notarized is a officially recognized contract and will hold up in court.Have the note signed and Notarized Now beside it stating how much his monthly payment will be . Friends are the worse to deal beside and It might amaze you how Friends have a tendecie to all of a sudden chew over you owe them .One thing is for sure if you ever want somebody out of your life loan them money
Does anyone know if the insurance on...
You can write your own contract with him. Make sure to include the expressions for re-payment. Do not accept cash for contribution. you will need proof of payment or non compensation if you end up taking him to court. Also make sure you own the contact notorized.
contact a lawyer that specializes in contracs and dialogue just to cover your butt.
yeah an IOU sounds all polite, and him being the only one on the title seem a little strange since you bought the bike.
but heres the wierd part. he is the merely one on the title, and he has it, what happens if he newly stops paying you in increments? he just stole that money from you!! and you are up the creek because you didnt hold a written contract between you two.
Look at buying a car. does the finance company of late give you the title and say merely make sure you pay us hindmost..NOPE!! they hold onto that title until you have paid contained by full.. and if you miss a payment, there are fees up to repossesion..
thats why you entail to contact a lawyar. he can draw up a written agreement and even hold the title for you two until he either pays up in full or you pilfer it over. this way you are investing in not getting ripped past its sell-by date. Look at it this way, is it better to invest the 500 dollars now for attorney fees to have this contract written up now, than enjoy your friend use you and not pay you the 6500 you already gave him??
well brought-up luck on this, but this will cause friction between you two..
You could take the paw written note and your friend to an attorney make sure it adjectives looks ok, as far as amount owed , and monthly payments how much and when payments are to be made. Then have it notorized. At least that means of access you have something in baggage your friend sells the bike or decides not to wage. You may have to pay the attorney a bit something but at least you will have something within writing.
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