personal loan

[cheri1978]

I have been living with someone for almost a year. Early in our living arraignment we agreed to do work on his house. We put the debt in my name, since he has very bad credit and is unable to get a loan. The total currently comes to $12,000. He had agreed to sing a contract stating that if we ever ended our relationship, he would be liable for half of the debt. He kept avoiding signing it. Now, due to the decline in our relationship, I want to be able to leave, but not be liable for a $12,000 debt that went to improvements on his house.
Can I take him to court for payment? If so, which court?

 

[army judge]

I have been living with someone for almost a year. Early in our living arraignment we agreed to do work on his house. We put the debt in my name, since he has very bad credit and is unable to get a loan. The total currently comes to $12,000. He had agreed to sing a contract stating that if we ever ended our relationship, he would be liable for half of the debt. He kept avoiding signing it. Now, due to the decline in our relationship, I want to be able to leave, but not be liable for a $12,000 debt that went to improvements on his house.
Can I take him to court for payment? If so, which court?

You can take him to court, small claims or a higher court. It won't matter. He's a bum, and he's tricked and stiffed you. You're likely to never see a dollar of what you allege he owes you.

A bit of good news, maybe. Depending on what YOUR note says, you may already be owner if the home, or able to put a lien on his hut. That probably won't help, because his hut is only worth something to him.

It's never wise to loan money to boyfriends or girlfriends.
They tend to stiff the lender.

 

[mightymoose]

Agree. If he has bad credit you might be wasting your time trying to sue him. Does he have any assets?

 

[Betty3]

You can only sue for up to $2,500 (limit does not include interest & court costs) in Ky. You will apparently need to sue in a higher court. However; even if you win a judgment, the problem is collecting your money.