Legal Question in Civil Litigation in Colorado

I would like to sue my ex-husband for failure to contribute to an SBA loan that we are both liable for. I have been paying my half of the loan for the past year and a half, during which time he has refused to contribute. In a few weeks the loan will go into collections at the Treasury Department. The loan is unsecured and the total balance is $23,000. Is it in my interest to sue him for his half of the loan?


Asked on 6/11/10, 10:15 am

1 Answer from Attorneys
Robert Murillo Pivotal Legal Ltd.

Is he a signer of the loan or personal guarantor? Are you the only one directly liable on the loan, absent this agreement you claim with your ex-husband? Was this agreement in writing? Was the loan taken out while you were still married?

In short, you need to provide many more facts and all relevant documentation to an attorney to determine your next steps. Contact an attorney to review the matter. Good luck.

DISCLAIMER�This answer is for informational purposes only and discusses general legal principles, trends, and considerations and is not intended as specific legal advice regarding your question. This answer does not establish an attorney-client relationship.

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Answered on 6/16/10, 6:27 am


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