The total amount was $4500.00
2007-10-05 11:30:35 · 7 answers · asked by dwayneskitten18 1 in Business & Finance ➔ Personal Finance
Would love to be a fly on the wall at that thanksgiving dinner.
Okay sorry it will depend on your state. Why dont you just call him and say when are you going to pay me back? If he says im not, then hes an ***.
Moral of story, never give money to family or friends that you expect back.
2007-10-05 11:37:12 · answer #1 · answered by financing_loans 6 · 2⤊ 0⤋
You would have to file a claim in Small Claims Court. There is a limit and it will cost you less than $100 to file. No lawyers are allowed. If the court (judge) finds that your son does in fact owe you the money, He can make a judgement demanding that your son pay. However, he can't MAKE him pay. If you son doesn't pay, all you can do is file the judgement at the county courthouse and it's on his record until he pays.
Good Luck
2007-10-09 18:25:59 · answer #2 · answered by prenstonsr 1 · 0⤊ 0⤋
I would never loan my son money with any intent to get it back if it was for something he really needed. Otherwise I would not have loaned the money to him w/o a binding agreement with terms of repayment with his signature on it.
2007-10-06 22:57:08 · answer #3 · answered by carly sue 5 · 0⤊ 0⤋
Unless you have something in writing, you GAVE your son $4500. If you have a written loan agreement, the statute of limitations depends on WHERE you are. Assuming the US, each state has its own laws. If you are not in the US, your country has its own laws.
2007-10-05 20:03:32 · answer #4 · answered by STEVEN F 7 · 1⤊ 0⤋
It's OK to give money to your family members and relatives, but never loan money to them. That's how families break up.
2007-10-05 22:04:36 · answer #5 · answered by momotaro zamurai 3 · 0⤊ 0⤋
it depends if you made a contract for repayment then those are the terms that you two must follow but if there was not contract he would just say it was a gift and your out 4500.
2007-10-05 18:47:53 · answer #6 · answered by mophead1985 2 · 0⤊ 0⤋
im not for certain but i think you got about 3 years
2007-10-05 18:34:29 · answer #7 · answered by GG 7 · 0⤊ 0⤋