Legal Question in Criminal Law in Georgia

personal loan repayment

I recently loaned some money to my X Husband with the agreement that he would pay the money back in weekly installments. Since this time he has decided that he doesnt have to pay the money back and Im not sure if I have any legal means to collect the money. I should include the amount is approx. 4500.00. We have been divorced for 7 years and have 2 children together. I was very vulnerable when he asked for these loans, as my husband of a little over five years had just passed away and the money was from life insurance proceeds.


Asked on 9/03/05, 1:38 pm

1 Answer from Attorneys
Glenn M. Lyon, Esq. MacGREGOR LYON, LLC, Business Attorneys

Re: personal loan repayment

If he agreed to pay the money back in weekly installments, but has missed payments, then you could file suit for breach of contract to recover amounts owed. I would recommend going to magistrate (small claims) court.

If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.

The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.

Glenn M. Lyon, Esq

MacGregor Lyon, LLC

Promenade II

1230 Peachtree Street NE

Suite 1900

Atlanta Georgia 30309

Phone 404.942.3545

Fax 404.795.0993

[email protected]

www.macgregorlyon.com

Read more
Answered on 9/06/05, 9:29 am


Related Questions & Answers

More Criminal Law questions and answers in Georgia