Legal Question in Credit and Debt Law in California
Third party Loan collection
My mother loaned my aunt $20,000.00 without any written contract about 3 years ago. The loan balance right now is $10,000. A year ago my mother died while undergoing heart operation leaving no will. What is my chance of collecting the loan balance from my aunt? If she refused to pay-off the loan, what recourse do I have legally..
Asked on 6/08/99, 1:32 am
1 Answer from Attorneys
Ken Koury
Kenneth P. Koury, Esq.
Re: Third party Loan collection
It is a valid debt and a court will enforce it.
Answered on 6/10/99, 10:34 pm
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