Yes! A pledge to a charity is a legal obligation. The exact rules can vary from state to state, but charities are required to record pledges as assets. And if some sort of consideration is given in exchange for a pledge, it makes it more likely that a court will enforce it.
Most will not go to great lengths to collect as the typical donation is less that it would cost, but they will 'remind' you of your pledge on a regular basis.
2006-11-15 07:30:18
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answer #1
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answered by Aggie80 5
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No. But if you made a pledge its kind of crappy to back out of it. If you have some sort of financial problem that's preventing you from honoring your pledge, write the organization a quick note explaining the situation.
2006-11-15 16:00:23
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answer #2
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answered by Anonymous
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Only if you provided a major credit card with your pledge, but if you just pledge with just your word, then no.
2006-11-15 15:21:59
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answer #3
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answered by me_worry? 4
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That depends.
Has the charity relied on your promise?
If so -- they can use promissory estoppel to enforce the contract.
2006-11-15 23:04:39
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answer #4
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answered by hq3 6
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As long as you got no consideration for your pledge.
Consideration here meaning something of any value, like a mustard seed or white acre.
2006-11-15 15:26:35
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answer #5
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answered by allegro133 2
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No, but if you need the money more, its not a problem. But if its a good charity and you can spare it, then spare it.
2006-11-15 15:22:07
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answer #6
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answered by Anonymous
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nope.
if you verbally agree and then decide not to, you are under NO obligation to pay.
2006-11-15 15:20:41
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answer #7
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answered by words_smith_4u 6
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legally you are not, if there's no contract then you don't have to pay anything.
2006-11-15 15:47:03
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answer #8
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answered by beauty 4
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no your not .
2006-11-15 15:20:19
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answer #9
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answered by ? 6
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no.. just no..
2006-11-15 15:21:00
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answer #10
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answered by CHUCK 4
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