Legal Question in Credit and Debt Law in Virginia

I borrowed money from and individual 4 years ago in Indiana. We did not have an Agreement when it was to be paid in full. I have been doing my best to repay. I originally borrowed $4000 and still owe $1150. Now he is threating to take me to court because it is not paid off. We have had financial sets backs including a foreclosure., additionally medical bills and income decrease. It has been difficult to pay him but continue to send what we can. I now live in Virginia. Can he sue me in small claims court like he is threating? Also, we never had a written agreement. He has threatend me 3 times now over the four years.


Asked on 11/17/12, 11:37 am

1 Answer from Attorneys
Michael Hendrickson Law Office Michael E. Hendrickson

Yes, he can sue you, and, furthermore, the agreement doesn't have

to be in writing to be legally valid and therefore enforceable.

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Answered on 11/17/12, 12:11 pm


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