answersLogoWhite

0


Best Answer
Copy

It has to be stated in the contract that you have the right to repossession if the debtor defaults on the contract. You are problably better off going to small claims court and getting a judgment against this person.

RECOVERY REQUIREMENT: As per UCC, repossession allowed without committing a breach of the peace. Repossesses must hold valid collection agency license & Regulation, Collection Practice Board, P.O. Box 30018, Lansing Michigan 48909, (517)241-9239.

User Avatar

Wiki User

โˆ™ 2015-07-16 19:17:55
This answer is:
๐Ÿ™
0
๐Ÿคจ
0
๐Ÿ˜ฎ
0
User Avatar

Add your answer:

Earn +5 pts
Q: If you sell a car to a friend and the note is due and he has paid only half the purchase price do you have the right to repossess and is notice required in Michigan?
Write your answer...
Submit

Related Questions

What are the proper steps to repossess a motorcycle you financed for a friend?

depends on what state you are in.


Can you repossess a car that is under your name from a friend who is always late on the payments?

Yes, it is your car.


Can you repossess a vehicle that you sold to a friend if you have a written contract for the sale of the vehicle?

yes, you are in a legally binging contract if you are both over 18 years of age and are therefore able to repossess the car.


Who claimed the land of Michigan?

i dont have a friend


Can you repossess a car which you sold to a friend with a written contract stating that if payments are not made as agreed car will be repossessed?

YES.


Who is the richest ballet dancer in Michigan?

selena my friend


How can you get your car back you leased to a former friend that defaulted on the payment?

Hopefully, you had the good sense to put a lien on that vehicle. You can have a recovery agent repossess the car.


Can you choose where to live in mighigan at 16?

Can you choose to move with a friend at 16 in Michigan?


If your parents are divorced and you are 17 years old in Michigan can you move out and go live with a friend?

No.


What wereIndian tribes that lived in the Louisiana purchase?

google is your friend.


What Skills required to become a structural engineer?

interest my friend


How do i have my child support dropped for my son who is now 18 in Michigan?

You need to contact the Friend of the Court in the county that you were divorced. Also, you may still be required to pay support if your child is still in high school. Read your divorce papers or custody agreement.


Can you repossess a car you were selling to a friend but they are refusing to make payments for it except for one when you still have the title?

I wouldn't see why not if there not living up to there end of the deal and its still in your name then its still your car.


How did Louisiana Purchase impact America?

i don't know and i don't have a friend


Can you send an anonymous money order to a friend?

Someone must purchase and sign the money order. You could have someone that the friend does not know purchase and sign it so they won't know it was you. You could also purchase a treasurer's check from the bank, which a banker will sign. Ask first if the purchaser will be listed on the check.


Where can one purchase music equipment?

One can purchase music equipment online at sites like Musician's Friend or Gear4Music. In the UK, one can purchase equipment both in-store and online at Dawsons.


How do you get a bear on build-a-bearville?

You have to purchase a furry friend at Build-A-Bear Workshop.


Where is the best place to go to purchase gifts for a Catholic friend?

The best place to purchase gifts for a Catholic friend would be from a religious store like Creator Mundi, Saints Market, Holy Spirit and House of Carmel Religious Goods.


How do you get a horse called a Trojan as abest friend?

You find or purchase a horse call it a Trojan and if you love it enough it will be your best friend, thats at least what I think.


How do you report underage relationships in Michigan I have a 16 year old friend that is dating a 21 year old.?

Call the cops!


How do we get latois friend island in Pokemon Red rescue team?

After finishing the main story you can purchase the Southern Island Friend Area from Wigglytuff in Pokemon Square.


Where can you purchase a pop filter?

One can purchase a pop filter at many different stores. Some stores one can purchase a pop filter is at Wal-Mart, Guitar Center, Musician Friend, and Next Tag.


How can you repossess a car in Missouri you sold to a friend with only an oral contract that he would make monthly payments?

If you did not give him the title, all you need to do is go get the car (hope you kept the spare key). If you did sign the title over to him with no documented agreement concerning the payments, you have probably given your (ex)friend an expensive present.


Is it necessary to tell someone she is your best friend?

It should never be necessary [required] to say that to anyone.


How do you make your friend stop borrowing your phone?

Tell them buy their own. ( Harsh Tone required)