What is the name of your state?What is the name of your state? New York
My question is concerning my best friend. She has been engaged for the past 2 years, over this time period her fiance had asked to borrow money from her.Let me start from the beginning, 2 1/2 years ago he invited my bestfriend and her 2 children to move in with him ( he owned a house). Prior to her even dating him ( about 2 yrs prior) she was in a car accident and awaiting a settlement of 15,000 dollars. After about a year of them being engaged she finally got her settlement, her fiance had asked her if he could borrow the money cause he was late on his house taxes and didnt want to lose his house, he had told her that he would get the money back asap and that he hated that he had to borrow from her, so she gave all of her settlement to him, expecting that when he refinaced his house he would give her all of it back. Well since he was going to be refinancing his house he convinced her to lend him some more money to get the house fixed up and yet again he would repay everything back. That was another 5,000 ( her tax refund) for an air conditioning system in the house, plus a new kitchen floor and painting. Well he never did refiance the house that year, he said it would be better to wait till next yr ( as the house prices kept going up and he wanted to get his moneys worth in the house and make sure he would have enough to give her back now the 20,000 he borrowed. One year later, now tax time again, he wanted to pay off his credit card bills, again he asked her to help him out, she gave him again yet another tax check 5,000, which again he promised to repay. He finally did refiance about 2 months later on his house and big surprise he didnt have the money to give her. Now she has finally had it with their relationship, she is broke all the time from helping him pay his morgage,electric bill, water, cable exc.... and not getting any respect and or appreciation for helping him when he was in need. She told him she was leaving and wanted her money back and he came straight out and told her "well you better get a lawyer cause i dont owe you anything". He is now trying to claim he is entitled to all the money (25,000), she let him borrow. She has no written agreement but she has kept every reciept from everything, check stubs and all ( cause she never gave him straight out cash , just checks). He told her yesterday that he will agree to give her 4,000 dollars and the rest he considers "room and board" for her and her kids. To me that is insane, since when did she turn into a tenant instead of a fiance. Like i had said besides lending him 25,000 dollars , she has been paying for electric,water,cable,food and helping him with the morgage when he ran short. I told her to get a lawyer, there has to be some way she can get all of this borrowed money back. Any Advice would be great.
And i would just like to say Yes it was stupid for her to lend him all this money, but he had promised to give it back, she trusted him and trusted his word and he took advantage.
Thanks for reading this
~Toni
My question is concerning my best friend. She has been engaged for the past 2 years, over this time period her fiance had asked to borrow money from her.Let me start from the beginning, 2 1/2 years ago he invited my bestfriend and her 2 children to move in with him ( he owned a house). Prior to her even dating him ( about 2 yrs prior) she was in a car accident and awaiting a settlement of 15,000 dollars. After about a year of them being engaged she finally got her settlement, her fiance had asked her if he could borrow the money cause he was late on his house taxes and didnt want to lose his house, he had told her that he would get the money back asap and that he hated that he had to borrow from her, so she gave all of her settlement to him, expecting that when he refinaced his house he would give her all of it back. Well since he was going to be refinancing his house he convinced her to lend him some more money to get the house fixed up and yet again he would repay everything back. That was another 5,000 ( her tax refund) for an air conditioning system in the house, plus a new kitchen floor and painting. Well he never did refiance the house that year, he said it would be better to wait till next yr ( as the house prices kept going up and he wanted to get his moneys worth in the house and make sure he would have enough to give her back now the 20,000 he borrowed. One year later, now tax time again, he wanted to pay off his credit card bills, again he asked her to help him out, she gave him again yet another tax check 5,000, which again he promised to repay. He finally did refiance about 2 months later on his house and big surprise he didnt have the money to give her. Now she has finally had it with their relationship, she is broke all the time from helping him pay his morgage,electric bill, water, cable exc.... and not getting any respect and or appreciation for helping him when he was in need. She told him she was leaving and wanted her money back and he came straight out and told her "well you better get a lawyer cause i dont owe you anything". He is now trying to claim he is entitled to all the money (25,000), she let him borrow. She has no written agreement but she has kept every reciept from everything, check stubs and all ( cause she never gave him straight out cash , just checks). He told her yesterday that he will agree to give her 4,000 dollars and the rest he considers "room and board" for her and her kids. To me that is insane, since when did she turn into a tenant instead of a fiance. Like i had said besides lending him 25,000 dollars , she has been paying for electric,water,cable,food and helping him with the morgage when he ran short. I told her to get a lawyer, there has to be some way she can get all of this borrowed money back. Any Advice would be great.
And i would just like to say Yes it was stupid for her to lend him all this money, but he had promised to give it back, she trusted him and trusted his word and he took advantage.
Thanks for reading this
~Toni