Q: Stolen car
Did a title loan with a friend and they ended up stealing my car.
I did a title loan with a friend of mine of 20 years. I borrowed 2900 with the promise of paying back $3,900 within 21 days. My car is worth $40,000.00. We wrote up a agreement and had a witness sign it on day 20 he showed up with the cops and my car title in his name. After multiple ignored phone calls I finally get in touch with them after they took my car home that day and they told me that if I wanted it back I had to pay back $7,000 but now they will not answer the phone what can I do?
A:
In your situation, where a friend has allegedly stolen your car following a title loan agreement, it's essential to take immediate legal action. The details you've provided suggest possible fraud or breach of contract, especially given the sudden change in the repayment amount and the title transfer.
Your first step should be to consult with an attorney who has experience in criminal law and civil disputes. They can review the agreement you made, assess the actions of your friend, and advise on the best course of action. This might involve initiating a civil lawsuit for the return of your vehicle or the value thereof, and potentially pursuing criminal charges for theft or fraud.
It's also important to gather all evidence related to this transaction, including the written agreement, witness statements, and any communication records with your friend. This documentation will be crucial in supporting your case.
Remember, time is of the essence in such matters. The sooner you seek legal assistance, the better your chances of resolving this issue and potentially recovering your property. Legal proceedings can be complex, but an experienced attorney can guide you through the process and advocate on your behalf.
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