My situtation: I am purchasing a vehicle from a 'friend' for the past 3 yrs I've paid $240 ea & every month....she in turns makes the payments to the bank. The reason that we have this agreement is too long winded.... BUT, I have reason to believe that she is not making these payments. She's way behind on all of her other personal payments. My thing is, she NEVER drew up a contract for me. I've asked her continuously... I keep getting the run around. Most recently she said "I'll get you that contract ASAP". That was 2 months ago. SO ~ if she's way behind on those car payments and they come & take this car from me do I have a leg to stand on since I have no contract .... have I just been pouring these last few thousands of dollars down a drain ? What are my options ? I have receipts.