What is the name of your state? ny
In 2003 my stbx & I accepted a personal, no interest loan from my family to lower our credit card debt (30k). Nothin was signed (all verbal). The check was in my name, I deposited it ino our joint acct and immediately (within 4 days of recieving) dispursed the money to pay off credit cards in both and our individual names. The payback was to be when xtra money was avavailable and when we sold our house. We paid 1 pmnt of 300.00 in '03. Since we are almost divorced and the house is in negotiation, he (stbx) is denying any knowledge of the loan and says that he is not responsible. He's telling his lawyer that it was a gift to me. Even though there was no written contract is he still liable for half? Thanks.What is the name of your state?
In 2003 my stbx & I accepted a personal, no interest loan from my family to lower our credit card debt (30k). Nothin was signed (all verbal). The check was in my name, I deposited it ino our joint acct and immediately (within 4 days of recieving) dispursed the money to pay off credit cards in both and our individual names. The payback was to be when xtra money was avavailable and when we sold our house. We paid 1 pmnt of 300.00 in '03. Since we are almost divorced and the house is in negotiation, he (stbx) is denying any knowledge of the loan and says that he is not responsible. He's telling his lawyer that it was a gift to me. Even though there was no written contract is he still liable for half? Thanks.What is the name of your state?
