Legal Question in Civil Litigation in New York

If someone gives you a gift of money, and then after friendship goes bad, they now want to call it a loan, what can you do?


Asked on 2/18/14, 4:50 am

1 Answer from Attorneys
Kevin Connolly Kevin J. Connolly

This is a fairly common occurrence. This is why when the parties intend a loan, I always suggest putting something--even a simple IOU--in writing. This could come down to a swearing contest, in which the lender has the burden of proof.

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Answered on 2/18/14, 5:18 am


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