paying back

[pattilou]

A friend gave me money to pay my equity loan up (3800) but I told her I would pay her back when I had it. I paid back 200 and 300 a month for a while. She said not to worry only pay when I had it. I don't have a job anymore and cannot pay it. It was a verbal transaction. She left me a phone message saying that she will take drastic matters if I do not contact her in ten days. What is the best way to handle this. Originally it was a gift but I guess that is no longer the case.

 

[presutin]

A friend gave me money to pay my equity loan up (3800) but I told her I would pay her back when I had it.
Why are you saying that it was a gift? It sounds like you accepted the "gift" as a loan since you are repaying it...

She left me a phone message saying that she will take drastic matters if I do not contact her in ten days. What is the best way to handle this?
Try to see if you can find a person who can mediate your conversation with her. Look up at the American Bar Association in your area for pro bono attorneys who can help you. Good luck!

 

[Duranie]

If you have repaid some of it back then you have acknowledged it is not a gift. She can certainly sue you for what you owe her.