Where can I find a promissory note for a vehicle I financed for a friend?
This could be done in several manners. A unsecured promissory note in which case the note would be a promise to pay but not be backed by a lien on the car. A secured promissory note could also be done where the car is the collateral for the note payment so if the note is not paid the car could be repossessed. Other financing methods are also available. If he owns the title without it showing you as a lienholder, he could assign the title to another person to obtain a loan. Do you hold the original title so he cannot pledge it to someone else? You should probably consult an attorney in your area to resolve this.