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a person is asking me to lend her certain amount of
Sent to Legal Experts September 14 02:27 AM

a person is asking me to lend her certain amount of money, besides a promisory note to pay back she is giving me the pink slip of her car which value doubles the loan, and I'll keep it (the car) if she is unable to repay in 60 days at a 10% interest rate. Is it legal if I had to take her car?

 

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LOS ANGELES, California

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Customer (name blocked for privacy)
Status:  Closed   Value: $15
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September 14 8:59 AM (6 hours and 32 minutes and 46 seconds later)
         
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Travellawyer -- Lawyer (JD) -- 100% Positive Feedback on 174 Legal Accepts
Liscensed to practice law in CA and TX. CA State Bar Exam grader. 10 yrs. Litigation Exp.
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