How Can I Collect My Divorce Settlement
I received a property settlement in my divorce case, a cash award. My ex agreed in arbritration and in court by signing a promissory note, to make 30 monthly payments until the settlement was paid in full. He made two partial payments and i have not received any payment since may of 2007. I have lien on the title to his Peterbilt truck, but he has the title, and truck is titled in Tennessee. We both live in Texas.
Do I have the right to repossess?
What actions can I take in order to collect?
Re: How Can I Collect My Divorce Settlement
You may have the right to repossess. We don't have any information about the lien or if it is recorded.
Consult your divorce lawyer about your rights. If your divorce lawyer says that the lien gives you the right to repossess the truck, consider that option. If your attorney gives you the green light I suggest using a professional repo / auction service, as repossessions are tricky.