My question involves an auto loan or repossession in the State of: Michigan
My Dad is mentally I and cannot handle simple things these days mostly due to the over last 5 year arrangement and "robbery" by his "nowhere on paper" business partner.
He purchased a small commercial building in about 2008 and started working with a local guy. All business partnerships were verbal and nowhere in writing. The guy racked up credit card debt, had my dad buy vehicles in his name under his credit, and nowhere did he ever give my dad a cent of profits of any of the work going on; just promises of a plan. He did pay insurance and some vehicle payments until about a year ago.
My dads building is past tax seizure and honestly not worth us trying to recover. There was a verbal agreement his "partner" would eventually buy the building, would keep up on taxes, and well, none of that ever materialized. Just more debt on my Dad who was in good faith under all sorts of verbal promises.
There's two vehicles in my Dad's name on a property nearby (his partner has a neighboring property). My dad doesn't have access or even keys for these vehicles. The vehicles are also stored inside at night and may not even leave the property during a normal day.
The partner has stopped giving him money for the car payments or insurance and we want the vehicles back. One vehicle was paid in cash, the other was a no money down loan so the bank has interest. We'd like to get both vehicles back and sell them to avoid problems with the bank.
What is the best possible routes of action to recover the vehicles? Do we just stop paying and make it the bank's problem? Do we report them stolen/missing? If reported stolen, is that fraud if we have an idea where they're at? Again, both are in my dad's name. I think one vehicle was paid for by the business partner and he may be able to show it, but considering my dad is probably hit by 100k of debt by this guy and if challenged could probably show they were in fact in some kind of business arrangement and open the door for more damages. He's probably not challenge who paid what.
Again, my dad is mentally incompetent right now (SSID) and in really bad shape. His mental issues are caused by his screwed up relationship with this what appears by all indications fraudulent partner. This guy really needs to go to jail for a long time for what he's done.

