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My relationship with him is that we have been friends for about 7 years and that why I trusted him but not enough to not have the contract in case something went wrong
No we are not he is the owner of the trucks and I only agreed to keep them tagged in his name till the lease purchase is paid off. If I default on my payments after 30 days he has the right of repossion at that time. I can fax you a copy of the contract if you want to see it. The trucks being tagged in his name and him receiving payments is all he has to do with these trucks. He lost his job after he entered this contract with me and he is trying to control my trucks. He did have the trucks leased on to the company that I have them at and he refuses to let the company change anything. I try to change it then he calls and refuses. Im out 10 grand on these trucks and I want to know if by law I can change the lease and as long as he gets his payments there is nothing he can do.
Can I also sue if the Trucking company refuses to cancel his lease agreement on the trucks and enter into a new agreement with me. If the company wants to just leave it alone because of his fits and pardon my language Hell he raises can I also sue them for trying to force me to work under his lease with the company and the company giving him my money. which is what is happening now.
I don't think you understand I have 2 semi trucks that I leased purchased and when I entered the lease purchase on these trucks(Bob) had them leased to a trucking company (abc freight). When I bought them they were my trucks and I was going to enter an agreement with ABC freight to haul their freight. Ever time we go to enter in the new freight agreement with abc trucks or any trucking company Bob throws a fit that it is all his cause he still owns the trucks. The contract gives me Full Power of Attorney and states that I can lease them to pull freight anywhere I feel fit. The contract is signed and dated. Is it legal standing not being notarized? By law can I run these trucks like our contract states and tell him to shut up like it or not he is getting his truck payments.
Thank you. I appreciate your help. I've been at my wits end over this. He is taking my pay weekly and not releasing it to me even the amount over the truck payments. I needed to know if I could make the changes and the account changes at the freight company and then just tell him I will sue if he doesnt back off. Thank you.
I signed my lease purchase agreement to lease purchase these 2 trucks on April 4 2013. My money since then has been deposited into Bob's account and he agreed to give it to me. The freight company deposited in his account cause of the lease agreement with them to haul their freight. What can I do about money he owes me for the past 2 weeks?? Can I sue over that?? and who??