M
misskommunik8
Guest
What is the name of your state? Virginia
In June 2002 my husband and I were moving overseas and needed to sell our car. My father agreed to buy it from us for $3,600 (the amount that we spent to pay off the loan). He asked us to write a Bill of Sale for $100 so that he could take that to the DMV and avoid having to pay too much property tax. So, we did. We never had him sign a promissory note saying he would pay us the $3,600. We trusted him. For 18 months we have heard "I am going to pay you," "I have money problems", and a million other excuses.
We recently returned to the US for a visit and while there tried to talked to my father about this problem. He kept telling us, "We'll talk about it later." Later never came and we wanted him to finally sign a promissory note that we downloaded off the Internet. On our last day of our stay, we left the document for him to sign. However, he tells us he will never sign it. I am afraid we are screwed. We don't have any proof of this agreement, other than a verbal agreement. We don't have a copy of the Bill of Sale, and if we did that is only stating he bought the car for $100, which isn't correct.
Can we do anything or do we just cut our losses?
Thanks very much,
Brigitte
In June 2002 my husband and I were moving overseas and needed to sell our car. My father agreed to buy it from us for $3,600 (the amount that we spent to pay off the loan). He asked us to write a Bill of Sale for $100 so that he could take that to the DMV and avoid having to pay too much property tax. So, we did. We never had him sign a promissory note saying he would pay us the $3,600. We trusted him. For 18 months we have heard "I am going to pay you," "I have money problems", and a million other excuses.
We recently returned to the US for a visit and while there tried to talked to my father about this problem. He kept telling us, "We'll talk about it later." Later never came and we wanted him to finally sign a promissory note that we downloaded off the Internet. On our last day of our stay, we left the document for him to sign. However, he tells us he will never sign it. I am afraid we are screwed. We don't have any proof of this agreement, other than a verbal agreement. We don't have a copy of the Bill of Sale, and if we did that is only stating he bought the car for $100, which isn't correct.
Can we do anything or do we just cut our losses?
Thanks very much,
Brigitte