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Getting someone to re-pay money without an written agreement?

or am I out of luck?

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Anonymous

Asked by Anonymous at 7:48 PM on May. 4, 2013 in Money & Work

Answers (6)
  • I'd say consider it a gift...it's probably gone
    charlotsomtimes

    Answer by charlotsomtimes at 7:50 PM on May. 4, 2013

  • I'm gonna go with out of luck, unless this person is of the absolute highest moral character. You could try taking it to court, but with no written agreement, it's going to be your word against theirs. If you could get them to agree by email or text that they owe you the money and it was a loan, that *might* help your case. But even then, it might turn out to be more trouble than it's worth and you still might end up losing in court.

    I'd chalk it up to a lesson learned and make sure to always get a written agreement that they must pay you back when you loan someone money in the future.
    wendythewriter

    Answer by wendythewriter at 7:52 PM on May. 4, 2013

  • Good luck, if you have no record of the agreement in writing.
    Ballad

    Answer by Ballad at 7:59 PM on May. 4, 2013

  • Do you have witnesses to the agreement or something recorded like a phone conversation referring to the agreement?
    Dardenella

    Answer by Dardenella at 8:13 PM on May. 4, 2013

  • Depending on the person you may be out of luck. Its always best to have it in writing, even if its family.
    virginiamama71

    Answer by virginiamama71 at 3:26 PM on May. 5, 2013

  • Yeah, that's called a gift.
    tasches

    Answer by tasches at 7:18 PM on May. 7, 2013

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