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    florerz's Avatar
    florerz Posts: 4, Reputation: 1
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    #1

    Nov 8, 2012, 04:46 PM
    Ex bfs mom owes me money
    What happened was, my ex bfs family's car was almost got repo'ed so his mom asked me if I could get a loan for them to pay the car company to save their car. All of the family members had a bad credit and because I cared about him a lot I agreed to it. I got approved for $2000.00 loan and gave them the money right there and then. They agreed to pay me $100 a month for 2 years for the loan. Now, that we broke up, I tried to call him and text him to remind him of the payment but he never responded. What should I do? Can I sue them. All I have was a verbal agreement, no promissory note or any legal contracts. Please help!
    smoothy's Avatar
    smoothy Posts: 25,492, Reputation: 2853
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    #2

    Nov 8, 2012, 06:44 PM
    You are screwed... you will have to prove it was a loan and not a gift... and without something in writing... thats going to be very difficult to do.

    You can try to sue him in small claims court and plead your case... and maybe you get lucky... even if you don't. Consider this an expensive lesson. You don't take loans for other people... and you don't ever cosign for any loan you aren't willing to pay off yourself... because you might have to.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #3

    Nov 8, 2012, 06:52 PM
    Hello f:

    I'd sue. The worst that can happen is you lose. Small claims court is quick, cheap, and easy.

    excon
    florerz's Avatar
    florerz Posts: 4, Reputation: 1
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    #4

    Nov 8, 2012, 07:00 PM
    Quote Originally Posted by smoothy View Post
    You are screwed....you will have to prove it was a loan and not a gift...and without something in writing...thats going to be very difficult to do.

    You can try to sue him in small claims court and plead your case...and maybe you get lucky....even if you don't. Consider this an expensive lesson. You don't take loans for other people...and you don't ever cosign for any loan you aren't willing to pay off yourself....because you might have to.


    I have texts from him that said he would pay me back, would that help?
    smoothy's Avatar
    smoothy Posts: 25,492, Reputation: 2853
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    #5

    Nov 8, 2012, 07:04 PM
    Quote Originally Posted by florerz View Post
    I have texts from him that said he would pay me back, would that help?
    Definitely... you can use that to show he knew it was a loan... not as good as a promissory note... but better than nothing.
    florerz's Avatar
    florerz Posts: 4, Reputation: 1
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    #6

    Nov 8, 2012, 07:13 PM
    Quote Originally Posted by smoothy View Post
    Definitely.....you can use that to show he knew it was a loan....not as good as a promissory note....but better than nothing.
    Thank you so much!
    florerz's Avatar
    florerz Posts: 4, Reputation: 1
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    #7

    Nov 8, 2012, 07:15 PM
    [QUOTE=excon;3319121]Hello f:

    I'd sue. The worst that can happen is you lose. Small claims court is quick, cheap, and easy.


    I will try, I hope I win. I don't care about them anymore, I just want my money back.
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