Legal Question in Credit and Debt Law in Arizona

Loan vs. Gift

I loaned my girlfriend $5,000.00 over a 90 day period. Thirty days after the last wire transfer she broke up with me. She claims I gave her the money. I want it repaid because it was a loan due to her financial hardships. What is my chance of collecting it?


Asked on 2/27/07, 9:01 pm

1 Answer from Attorneys
John Jackson Law Office of John A. Jackson, P.C.

Re: Loan vs. Gift

It depends if she has the money or any assets that you can put a lien on. You may have a good argument but it comes down to collecting if she does not have it, it is not likely that you will get it.

Read more
Answered on 2/27/07, 10:49 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Arizona