Legal Question in Credit and Debt Law in Illinois
We have an outstanding loan of $5,000 from a family member. We have tried calling and he always says he is going to get it to us. This has been going on for 3 years. We would like to know what our next step would be. The loan is on a document that has been notarized. It is for $5,000.
Asked on 4/02/10, 6:55 am
2 Answers from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Two choices:
1. Let it go, he's family.
2. Sue him. Whether your document is adequate depends on what it says, not on whether it is notarized.
Answered on 4/07/10, 7:05 am
Jonathan Shimberg
Shimberg and Crohn, P.C.
Sue him. Nothing else you can do.
Answered on 4/07/10, 7:09 am