Legal Question in Consumer Law in Michigan

I provided an unsecured loan to someone years back. After several years the party stopped paying. I continue to contact the party requesting payment as agreed upon when the loan was made. He attempts to pay but to a different (uninterested party) in an amount not agreed upon initially. Am I doing anything illegal by continuing to ask for payment of the original agreed upon amount or payment in full?


Asked on 2/20/15, 8:49 am

1 Answer from Attorneys

Andrew Campbell Andrew L Attorney at Law

I am not sure I fully understand your question. First, the maximum statute of limitations in Michigan is six years for breach of contract. I am assuming you have a written promise to pay or a written contract. The time would run from the date of the last payment made. Why is the debtor paying a different person? I don't get that at all, is that uninterested person someone that you owe money to? Is the debtor sending payments to you but paid to the order of a different person? I would need more detail to answer this question.

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Answered on 2/20/15, 2:18 pm


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