Legal Question in Credit and Debt Law in California

My father wants to borrow $500. I don't mind loaning him the money, but I can't afford to make it a gift. If I specifically put "loan due on (date)" on the check as purpose, would it help me if it did have to go to court?


Asked on 8/04/09, 5:57 pm

1 Answer from Attorneys
Larry L. Doan Law Office of Larry L. Doan

Just write out a short loan agreement stating basically the same thing and have him sign it. That's better than notating the check.

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Answered on 8/05/09, 6:05 pm


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