What can I do to get repayment of a loan from a person that I let borrow with the intent to pay me back?

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What can I do to get repayment of a loan from a person that I let borrow with the intent to pay me back?

I have loaned money to the son of a women that I was living with. The relationship ended and now I have been told that I am not to contact anyone in her family or harassment charges will be brought against me. I am owed $10,000.

Asked on September 13, 2011 under Bankruptcy Law, Texas

Answers:

FreeAdvice Contributing Attorney / FreeAdvice Contributing Attorney

Answered 10 years ago | Contributor

If you are owed ten thousand dollars ($10,000.00) from the son of your former girlfriend, you should do the the following:

1. write the son requesting re-paymentof the money lent over a certain time period with a written response requested within a certain time period;

2. if you do not receive the requested response, you will then need to file an action seeking the return of the ten thousand dollars ($10,000.00) loaned under breach of contract and common counts causes of action. You should also be asking for pre-judgment interest as well.

Hopefully you have a cancelled check, a promissory note or some other document showing that you loaned the son the amount you did.

Good luck.


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