Legal Question in Credit and Debt Law in Michigan

''family loan''

My 72 year old mother is finding is hard to live on her $1000 a month. A few of my older sibelings felt that it was necessary for my mother to collect on loans which her other children borrowed. I was informed that money which was given to me for books when I was in college and money to pay off my wedding dress and other various ''loans'' needed to be paid back or I would receive nothing from my mother's estate when she dies. My husband and I declared bankruptcy in 2000 and it was discharged in 2001. Could some of these ''loans'' fall under my bankrupcy? What about the ''loans'' given out to me while they were claiming me on their taxes and their dependant? My older brother said that he could take me to court if I didn't start paying our mother back. I asked for an itemized statement. Some of these ''loans'' are dating all the way back to 1993. What should I do?


Asked on 10/05/08, 9:10 pm

1 Answer from Attorneys
Timothy Klisz Klisz Law Office, PLLC

Re: ''family loan''

You are dealing with many areas of law here. 1st, unless you listed mom on your bankruptcy, she was not discharged. 2) If you borrowed money, her estate can try and collect after she dies. 3) The statute of limitation on loans is 6 years, and I doubt there is paperwork supporting the loans. If you do get sued, contact me at www.kliszlaw.com to discuss. Tim Klisz

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Answered on 10/05/08, 9:42 pm


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