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sirocyl44us
 
I think you are screwed. You entered into a complex situation with what appears to be a bunch of inbred assholes. I don't see any way to wiggle out of this one. The 2006 truck was used as collateral for the 2001 truck loan because the mom co-signed on both, simple as that.
Old 06-04-2011, 09:46 AM sirocyl44us is offline  
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OneWhoKnows
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I can't add anything to this except say that that fucking sucks.
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Old 06-04-2011, 10:07 AM OneWhoKnows is offline  
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#17  

Sage2k
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Im sorry to hear this

I think if i was in your shoes Id start robbing the ex friend and/or kill him
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Old 06-04-2011, 02:26 PM Sage2k is offline  
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#18  

mikeawesome
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all this cost you 27k?>
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Old 06-04-2011, 02:32 PM mikeawesome is offline  
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#19  

Fiah
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Originally Posted by mikeawesome View Post
all this cost you 27k?>

must not have been a cheap truck..
Old 06-04-2011, 02:57 PM Fiah is offline  
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#20  

SemperFly
 
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Originally Posted by IceBeNot View Post
I guess so which is really sad. I might try to see a lawyer to see if there is anything that can be done which I don't think there is.

no "might" about this, get a lawyer and have this corrected. there's no reason you should be getting screwed on this. of his family is cutting all ties with you then go after them as well because they're clearly taking his side on the fuckup
Old 06-04-2011, 03:22 PM SemperFly is offline  
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#21  

OlderBoy
 
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WOW. is it possibly he could have transferred the loan or something like that? so then the new loan has your name all over it w/o you being aware? i don't know shit about this but transfer was the first thing that came to mind when i read the OP.

sad, though. i feel for you.
Old 06-04-2011, 03:31 PM OlderBoy is offline  
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#22  

brfatal
 
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You're in debt $27k for a truck that cost $23-32k 5 to 6 years ago?
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Old 06-04-2011, 03:39 PM brfatal is offline  
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#23  

OlderBoy
 
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You're in debt $27k for a truck that cost $23-32k 5 to 6 years ago?

interest on defaulted loan, mang.
Old 06-04-2011, 03:46 PM OlderBoy is offline  
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#24  

Viremia
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As Polonius said:

Neither a borrower nor a lender be,
For loan oft loses both itself and friend
Old 06-04-2011, 05:57 PM Viremia is offline  
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#25  

Gandalf
 
Shake it off, no one will want USD in a few months.
Old 06-04-2011, 06:05 PM Gandalf is offline  
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#26  

fapling
 
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that sucks man, see a lawyer asap, and if possible, sue the shit out of the human formerly known as your friend.

get legal counsel asap, theses issues seem to get worse the longer you wait to take action.

as a side note, how does one vet the quality of a lawyer when you need one fast like this? [m] legal mavens, is there a voluntary association that certifies lawyers as not assholes, or some kind of website where lawyer reviews exist the OP can use? would also like to know for myself...
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Old 06-05-2011, 02:28 PM fapling is offline  
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#27  

hamsterstyle
 
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no "might" about this, get a lawyer and have this corrected. there's no reason you should be getting screwed on this. of his family is cutting all ties with you then go after them as well because they're clearly taking his side on the fuckup

TSRH. did you have any sort of written agreement/documentation at all that was drafted between you and your buddy re: his responsibility to pay off the loan in your name?
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Old 06-08-2011, 02:55 PM hamsterstyle is offline  
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#28  

WILLIAM NOT
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Originally Posted by hamsterstyle View Post
TSRH. did you have any sort of written agreement/documentation at all that was drafted between you and your buddy re: his responsibility to pay off the loan in your name?
Uh, that's not going to help him. By co-signing the loan, he guarantees his friend's ability to pay the loan off. This supercedes any sort of "agreement" between the two promising that the friend will actually pay it.
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Old 06-08-2011, 04:37 PM WILLIAM NOT is offline  
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