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    serena1987's Avatar
    serena1987 Posts: 1, Reputation: 1
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    #1

    Aug 25, 2011, 02:39 PM
    Someone bought things for my house on there credit cards
    Someone bought things for my house on there credit cards we had a verbal agreement that I would pay them back 50 each month. They are now mad at me and they want the whole amount back if I can't come up with 7000 in a month theywant to put a lien on my house... In the state of Ohio will a verbal agreement hold up in count.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
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    #2

    Aug 25, 2011, 02:42 PM
    It will if you can prove it, but 50 dollars a month does not sounds like a realistic number, interest alone on 7000 would eat up your 50 dollars.

    My guess they will consider mediation. You may have to either pay, make larger payments and/or return to them all the things they bought
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
    		  
    #3

    Aug 26, 2011, 03:33 AM
    If you made payments and they can prove it, then yes it will hold up. And I agree with Chuck, paying $50/mth on a $7K balance might not even pay the interest.

    So you need to come up with a way to pay them off or settle on a better deal.
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