More details to this question:
A friend took my car (without permission) while I was asleep, and wrecked it. It is now totaled. Her insurance won't cover it, but she is taking full responsibility. Therefore she is working out something with her parents to get them to write me a check for the full amount of the Kelly Blue Book price ($16,500). She says her parents will write the check, but they want to "draft up a legal document before writing a check that large". Days have gone by and I have heard no further news on what is being done to come up with this document. I assume that i can help them get things done much faster. I happen to have a premium account at docstoc.com, and so should be able to find any legal document or contract they would want. But I am not exactly sure what to look for. I know they want to cover their bases so that I don't press any criminal charges- to make sure that if a check is written, it is considered "handled". Please tell me what kind of document they need so I can get it done.
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Wills and Estate Planning Attorney serving Sugar Land, TX
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Law Offices of Kimberly D. Moss, PLLC
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It sounds like you need a settlement agreement, which can be a simple contract outlining that to compensate you for the damage done to your car, they will give you $16,500 in exchange for your agreement not to litigate the claim for the loss of your car. You're not going to find a form document that fits this scenario. This calls for a custom agreement with the terms of your arrangement.
Answered on Sep 05th, 2013 at 11:39 PM