Legal Question in Consumer Law in California

repossession

I purchased a motorcycle. I moved across the country and gave it to a freind. He agreed to get a loan and take it over. e didnt, and stopped making payments. Now he has the bike and I got a visit to repossess the bike. What are my options?

Asked on 10/20/08, 9:19 pm

1 Answer from Attorneys

Michael Stone Law Offices of Michael B. Stone Toll Free 1-855-USE-MIKE
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Re: repossession

Giving away the Bank's property, eh? You could have a future on Wall St. In the meantime you've got a lot of explaining to do, at best, and you owe the bank for their bike that you made disappear.

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Answered on 10/20/08, 10:11 pm

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