Legal Question in Credit and Debt Law in California
credit card used by friend
I gave a friend 3 business cards and he ran almost $50K on the cards and
paying only minimum payment and
one card was cancelled for bounced
checks he wrote.I think he used me?
I have 2 kids and a wife.
Can I sue him?
I am in Los Angeles and thank you.
Asked on 3/02/09, 9:30 pm
1 Answer from Attorneys
Robert F. Cohen
Law Office of Robert F. Cohen
Re: credit card used by friend
You could, but are you likely to get any money out of him? You might spend good money on a lawyer with nothing to show for it but a judgment on paper. The judgment would be good for ten years, though, and may be renewed for another ten.
Answered on 3/02/09, 9:43 pm