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Repossesion of a Contract for Deed

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blackjackxxx

Guest
I live in downstate Illinois. I sold a boat to an individual on a 4 year Contact for deed. The individual still owes 9 Payments til fufillment of the contract. I still possess the Watercraft Certificate (Title). I have not received a payment in over 8 months and I intend to repossess the boat. What do I need to do to actually retake possession? I was tracking the payments on my computer and the hard drive crashed wiping the information. Would this be a case of my word against his? I have a signed agreement from the individual. Thank You for your help.
 


HomeGuru

Senior Member
Send a certified rrr letter to the landlubber stating that the contract is terminated for breach due to non-payment.If he files court action, he must prove through evidence, that payments were made.
 
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blackjackxxx

Guest
Thank You

That's kinda what I thought. I was looking for some confirmation. Thanks for your help!
 

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