Michael S. asked
I loaned a family member $4000 for a down payment on their house. There is no written agreement, but he verbally promised to pay back. He is not denying the loan but refuses to pay it back. It has been two years since I gave the money. Is it too late to put a lien on his house through the courts? If not, is there a simple and inexpensive way to start this process to ensure I get my money back if he ever sells his home?
September 12th, 2024
Marcus R. answered
The statute of limitations for collecting debts typically ranges between four and six years after th...
September 12th, 2024
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