Legal Question in Wills and Trusts in Georgia

my daughter bought her live in boyfriend a $8,000 dollar business he promised to sign contract but when bought he refused but 4 of us heard him vearbaley state he would sign contract he now is leaving we need to know if verbal means anything in court


Asked on 12/04/09, 9:26 pm

1 Answer from Attorneys

Glen Ashman Ashman Law Office also dba Glen Ashman Attorney

There is a saying that verbal contracts are worth the paper they are printed on. One NEVER engages in business without written contracts.

To prevail in court, she would have to prove there was a contract and prove all the terms. How will you prove, for example, the interest rate, repayment terms, default provisions, etc. That is an enormous and difficult burden if he claims different facts.

Additionally, the statute of frauds requires contracts for over $500 to be in writing, although there are some exceptions to that general rule.

It would cost a minimum of $5000 or more (likely more) to find a lawyer to pursue this. She might try pro se in Magistrates Court, but she has a huge uphill battle based on your post.

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Answered on 12/09/09, 10:28 pm


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