Hi, I was recently advertising my car for sale as it is still encumbered under finance ( car loan), so I was selling to clear finance. A friend approached me and asked if they could take over the payments as they desperately needed a vehicle. We came to a private verbal agreement where they were to pay x amount of dollars to cover each finance repayment. As of late, they have not been paying, and I am now stuck paying the finance on a vehicle that is not in my possession of. What is my legal position as to repossessing the vehicle under Contract Law? The vehicle is still encumbered. Many thanks.