Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Can a Florida personal notarized contract be broken? - my friend got a car by asking a friend to sign a car loan for her. They have a signed notarized contact saying that she would pay the down payment and the monthly payments for the term of their car loan. She uses the car and makes the payments for the car and for the insurance on the car and has made payments for the cars registration as well. She also gave them $1500 for signing the car in their name. all this is stated in the contract that they both signed. Now this person wants to file bankruptcy and take the car way.