Legal Question in Civil Litigation in Pennsylvania
If I lent a large sum of money to a friend on a verbal agreement, what are my options for getting it back. It is 5 years now and he still does not have the money to return it to me.
Asked on 1/31/12, 5:54 pm
1 Answer from Attorneys
John Davidson
Law Office of John A. Davidson
While verbal contracts are enforceable it's not very easy to enforce them. Your big bar to recovery is that the statute of limitations on contracts is 4 years.
{John}
Answered on 2/01/12, 6:23 am