Legal Question in Credit and Debt Law in Nevada

Re: Unpaid loan by friend

I cannot advise you in detail nor do I give specific advice through this service. If you lent this person money, and they have not paid you, you had an agreement (contract) which was not honored. A contract of this sort does give rise to a legal claim. However, you need to take action to enforce such a claim (i.e., bring a lawsuit). That your agreement was not in writing does NOT keep you from winning a case in Court (although it may make it harder to prove your case). You must also bring a case within the statute of limitations, which for general contract claims in Nevada is typically 4 years.

Re: Unpaid loan by friend

Have him agree to a stipulated judgment in Court so you can go after any inheritence.

JOEL SELIK

Attorney at Law

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