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If a mistress loans money to her boyfriend a married man with an oral agreement that it is a loan can the mistress later sue both the boyfriend and his wife for that debt.?
Wiki User
∙ 15y ago
Verbal agreements are only understood by those who arranged the agreement, so theoretically the other party (the boyfriend) can lie about the arrangement, stating that the money was a gift. I wouldn't suggest loaning money to anyone unless there is a written agreement or if you are willing to accept the possibility that the money you lent might never be returned. Depending on the amount of money you loaned (I'm assuming under $10,000 which is tax free in the US), it may or may not be a cost effective way to getting your money back. The worst possibly scenario is that you will waste money by pursuing a lawsuit and never get your money back from the boyfriend. If you still plan to file a lawsuit, it will probably be helpful to provide your attorney with information about what the boyfriend used the money for. Here is a site that might be of value: http://moneycentral.msn.com/content/Savinganddebt/Savemoney/P84389.asp You could always threaten the boyfriend that you will confront his wife about the loan and the affair if he refuses to sit down with a mediator.
Wiki User
∙ 15y ago
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