Legal Question in Business Law in Georgia
During a serious romantic relationship one voluntarily lends money to the other during the initiation of a business, stating that he just wanted to help out, the business was strictly only hers and he was just there to support. He does a lot to help and the relationship goes on. The borrower actually wanted to marry the lender, but the lender kept dragging his feet until the borrower ended the relationship because of issues involving his lack of desire to commit and issues between him and her child, but the lender would not accept. The borrower takes money from credit cards to pay the full sum borrowed back to the lender. He would not accept repayment for the amount he loaned because the business is now successful and he feels he deserves more money. A check for the entire amount was sent to him over a year ago and he has not cashed it. What recourse does he have at this point. Can he place a lien on the business?
1 Answer from Attorneys
No lien is available. However, if the amount in question is less than $15,000.00, either party can file suit in small claims court (Magistrate Court) and let the judge resolve who owes who what. If you have further questions, feel free to give me a call.
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