"Adrian" wrote in message
...
matthew.larkin ) gurgled happily, sounding much
like they were saying:

So A owes £2500 and owns an asset of £1000. But the loan is unlikely to
be required to be repaid, so she owns an asset worth £1000 B owes £2500
(which parents want repaid) and owns an asset of £1000.

B's maximum exposure is therefore £2500, but parents should accept £1500
plus the title to the car being gifted to A.

Mmmm. Would such a loan from a commercial source not have A & B jointly
and severally liable? So A & B owe £5k, and if either does a runner, the
other remains liable for £5k.

As you pointed out, the car's a separate issue, since the loan wasn't
secured on it.

These aren't the kind of folk who would go down the legal/court route
anyway.

"PM" gurgled happily, sounding much like they were
saying:

Mmmm. Would such a loan from a commercial source not have A & B jointly
and severally liable? So A & B owe £5k, and if either does a runner,
the other remains liable for £5k.

As you pointed out, the car's a separate issue, since the loan wasn't
secured on it.

These aren't the kind of folk who would go down the legal/court route
anyway.

Ah - you should have said that. There's an easy solution, then.

Send the lads round with baseball bats.

"Adrian" wrote in message
...
"PM" gurgled happily, sounding much like they were
saying:

Mmmm. Would such a loan from a commercial source not have A & B jointly
and severally liable? So A & B owe £5k, and if either does a runner,
the other remains liable for £5k.

As you pointed out, the car's a separate issue, since the loan wasn't
secured on it.

These aren't the kind of folk who would go down the legal/court route
anyway.

Ah - you should have said that. There's an easy solution, then.

Send the lads round with baseball bats.

Heh, that would probably work :-)

But the V5 would still be in the wrong name...

"PM" gurgled happily, sounding much like they were
saying:

These aren't the kind of folk who would go down the legal/court route
anyway.

Ah - you should have said that. There's an easy solution, then.

Send the lads round with baseball bats.

Heh, that would probably work :-)

But the V5 would still be in the wrong name...

No, no, no. You get him to sign it BEFORE you break his fingers.

"Adrian" wrote in message
...
"PM" gurgled happily, sounding much like they were
saying:

These aren't the kind of folk who would go down the legal/court route
anyway.

Ah - you should have said that. There's an easy solution, then.

Send the lads round with baseball bats.

Heh, that would probably work :-)

But the V5 would still be in the wrong name...

No, no, no. You get him to sign it BEFORE you break his fingers.


You can tell I'm new at this!

PM wrote:
"Adrian" wrote in message
...
"PM" gurgled happily, sounding much like they were
saying:

Mmmm. Would such a loan from a commercial source not have A & B jointly
and severally liable? So A & B owe £5k, and if either does a runner,
the other remains liable for £5k.

As you pointed out, the car's a separate issue, since the loan wasn't
secured on it.
These aren't the kind of folk who would go down the legal/court route
anyway.
Ah - you should have said that. There's an easy solution, then.

Send the lads round with baseball bats.

Heh, that would probably work :-)

But the V5 would still be in the wrong name...


Take the car, hide it and offer him 500 quid to 'sell' it to you.

"The Natural Philosopher" wrote in message
...
PM wrote:
"Adrian" wrote in message
...
"PM" gurgled happily, sounding much like they were
saying:

Mmmm. Would such a loan from a commercial source not have A & B
jointly
and severally liable? So A & B owe £5k, and if either does a runner,
the other remains liable for £5k.

As you pointed out, the car's a separate issue, since the loan wasn't
secured on it.
These aren't the kind of folk who would go down the legal/court route
anyway.
Ah - you should have said that. There's an easy solution, then.

Send the lads round with baseball bats.

Heh, that would probably work :-)

But the V5 would still be in the wrong name...


Take the car, hide it and offer him 500 quid to 'sell' it to you.


Offering him money - a *lot* of money, to the people concerned - for
something that he already owes thousands on is not an option.