N
NeAdvice
Guest
What is the name of your state? Pennsylvania
A year ago a friend of mine loaned me $800, I had a verbal agreement with him. The understanding was, by my part I would pay him by August of 2003, however he told me "whenever is fine" and he was not worried about it. I have unfortunately been out of a job since that time and have been unable to pay him back. I would very much like to pay him, but that’s not possible right now. Lately there has been conflict between us involving other matters, and I feel that if I break our friendship now he may try to take this matter up in court. But I am unsure of that. What I would like to know is if he has any grounds in court to try to recover this money? I am not trying to avoid paying and even if I do break the friendship I plan to pay it back when I can. There was nothing in writing about this arrangement, although he did ask me to put it in writing, we kind of just went along with never doing that. Thank you all for your time!
A year ago a friend of mine loaned me $800, I had a verbal agreement with him. The understanding was, by my part I would pay him by August of 2003, however he told me "whenever is fine" and he was not worried about it. I have unfortunately been out of a job since that time and have been unable to pay him back. I would very much like to pay him, but that’s not possible right now. Lately there has been conflict between us involving other matters, and I feel that if I break our friendship now he may try to take this matter up in court. But I am unsure of that. What I would like to know is if he has any grounds in court to try to recover this money? I am not trying to avoid paying and even if I do break the friendship I plan to pay it back when I can. There was nothing in writing about this arrangement, although he did ask me to put it in writing, we kind of just went along with never doing that. Thank you all for your time!