How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask Richard Your Own Question
Richard
Richard, Attorney
Category: Legal
Satisfied Customers: 55479
Experience:  Attorney with 29 years of experience.
17027240
Type Your Legal Question Here...
Richard is online now
A new question is answered every 9 seconds

I gave an indivedule a $1000.00 dollar deposit purchase

Customer Question

I gave an indivedule a $1000.00 dollar deposit for the purchase of a used boat, I change my mind! called him to cancel and was told that my deposit was not refundable, other than a hand written recept no contracts were signed. What are my legal options?
Submitted: 2 years ago.
Category: Legal
Expert:  Richard replied 2 years ago.
Hi! My name is ***** ***** I look forward to helping you!
In order for the deposit to be non-refundable, there had to have been a contractual agreement where you and the seller agreed upon all the terms and conditions of the purchase, including the issue of whether or not the deposit was refundable, to show that there was a full accord and satisfaction between the two of you. This was not present in your case so there can be no default by you; further, the seller has suffered no damages because the seller still has the boat and can sell it to another buyer. So, for the seller to retain the deposit would also unjustly enrich the seller. If the seller won't voluntarily refund your money voluntarily, you will want to file a suit against the seller. You can do this in small claims court without an attorney. Filing the suit will give you the collection options and leverage you need to collect the debt owed you. That's because once the suit is filed and a judgment awarded, you become a judgment creditor, and if he doesn’t then pay the judgment, you can have the sheriff serve a summons on him for a debtor examination. That forces him to meet you in court again and answer questions under oath about his assets. After that information is obtained, you have the power to attach bank accounts, have the sheriff seize other personal property, and/or place liens on any non-homestead property he owns to satisfy the judgment. In my experience, simply filing the suit is typically all you need to do to resolve this outside of court because most of the time, once served with a summons one is being sued, your debtor will likely refund your money to avoid the cost and expense of defending a suit he's sure to lose.
Thank you so much for allowing me to help you with your questions. I have done my best to provide information which fully addresses your question. If you have any follow up questions, please ask! If I have fully answered your question(s) to your satisfaction, I would appreciate you rating my service as OK, Good or Excellent (hopefully Good or Excellent). I thank you in advance for taking the time to provide me a positive rating!

Related Legal Questions