Legal Question in Credit and Debt Law in Alabama

Personal Loan from now deceased

I was given ($2,500) from someone who is now deceased. There was no promissary note written, nor was the word ''loan'' written on the check. I am now being sued by the estate. Am I legally obligated to pay this money to the estate? If not, what is my defense?


Asked on 11/14/03, 8:54 am

1 Answer from Attorneys
Bobby Lott, Jr. Attorney at Law

Re: Personal Loan from now deceased

Did you ever pay any of the loan back? If not, you could say it was a gift. How does the estate know about it to begin with?

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Answered on 11/14/03, 9:09 am


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