Legal Question in Civil Litigation in Ohio

A verbal commitment

I was asked to loan a friend a large amount of money for one month until they received a check from another source.

I was given a personal check at that time, post dated for 1 month. Before the one month period expired I was told that this friend hadn't received that check that was to repay me. I was asked not to cash the personal check but that I would be paid in payment. I have had 5 small payments paid towards this loan. Since I have had some repayment do I have any legal rights?


Asked on 5/27/04, 1:15 pm

1 Answer from Attorneys
Robert Guehl Guehl Law Offices

Re: A verbal commitment

You do not say how much money was loaned, how much was paid back, and how much is still outstanding. It is always advisable to have any loan documented with a promissory note or similar commitment in writing, signed by the person borrowing the money. There are several legal theories that could be used to recover the money. More factual details will be necessary however.

Good luck.

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Answered on 5/27/04, 5:20 pm


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