Legal Question in Credit and Debt Law in Illinois

I am owed $40K in a personal loan to a friend. He doesn't seem to want to pay, though he owns 4 houses. Can I sue?


Asked on 3/05/11, 6:34 pm

2 Answers from Attorneys

If the payment is overdue, yes

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Answered on 3/05/11, 6:43 pm
Thomas Moens Moens Law Offices, Chartered

Of course, but keep in mind that you have the burden of proving he owes you money.

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Answered on 3/07/11, 8:33 am


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