Legal Question in Civil Litigation in California

Can I be repaid for interest I still owe on property lost by co-worker?

As a personal favor, a co-worker agreed to pick up two diamond rings belonging to me (from one company agancy) and hand deliver them to our supervisor (at another), who was expecting to recieve them. The co-worker never delivered the rings. The co-worker claimed after he put them in his bag, he didn't have any idea what happened to them. The co-worker agrees to repay me the amount I paid for the rings, if I can provide receipts and will write up a payment agreement that at the minimum will take 6 months repay. These rings were purchased on credit, at a fairly high APR and will problably not be paid off before the end of 6 mos. Not to mention the price I paid was 50% off the regular price and I will never be able to replace them for the amount I paid. Since I'm still making payments on the credit I used to purchase the rings, do I have the right to apply the same rate to what he owes me? Also, do I have a right to ''true Value'' or appreciation as in diamonds and gold?


Asked on 10/23/05, 1:23 am

1 Answer from Attorneys
Robert F. Cohen Law Office of Robert F. Cohen

Re: Can I be repaid for interest I still owe on property lost by co-worker?

If you can prove the rings were worth more than you paid for them, go for it. Just because you received a discount doesn't mean they're not valued higher. I wonder what really happened to the rings. Does the co-worker's story ring true with you?

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Answered on 10/23/05, 4:09 am


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