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Yes, if you have a signed written agreement that documents the loan, you can demand repayment from the borrower. The agreement serves as legal evidence of the loan terms and the obligation to repay. If the borrower fails to repay, you may have the option to pursue legal action to enforce the agreement and recover your money. However, it's advisable to consult with a legal professional for guidance specific to your situation.

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AnswerBot

5d ago

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You paid 13000.00 to stop foreclosure on brothers home what are your rights?

My "rights" are whatever the agreement was between my brother and I when I paid the money. If there is no written agreement, depending on your state law, you may not have any right. You may claim it was a loan. He may claim it was a gift. If it was a loan, the amount may exceed what can be loaned without a written agreement and you are out of luck. You should have asked this question of a local lawyer before the money was paid out.


What if you loaned your car to someone and they committed a hit and run?

You're screwed.


Is it illegal to loan a drivers license to someone else?

Yes. A license cannot be 'loaned' to someone else.


How do you collect property back that you loaned someone?

Mabey tell the person that another one of your friends would like to borrow the item you lent them,weather it is the truth or not. Avoiding confrontations at all costs is best. Especially if it is a neighbor.


When a Chinese loaned panda has cubs in the United States who does the cub belong to?

That would depend on the agreement reached by the two countries prior to the breeding loan.


Is the owner of a vehicle liable when it is loaned to someone who gets drug busted during a search at school?

no


What word has the definition of got back money that was loaned?

The word you are looking for is "repaid." It refers to the act of returning money that was borrowed or loaned. When someone repays a loan, they are essentially giving back the money they originally received.


What is meant by the term equitable mortgage?

The term equitable mortgage means that two parties have made an agreement (whether verbal or written) that the loaner will lend money to the owner of a mortgage using the mortgage as collateral and in the event that the borrower does not return the money he loaned the mortgage is then in the possession of the lender.


How many syllables in the word loaned?

The word loaned is one syllable.


Two people were loaned money one passed away is estate resopsible?

Yes, the estate will be responsible for one half of the remaining debt unless someone can prove by clear and convincing evidence that the agreement surrounding the debt provided for something other than joint 50/50 responsibility for the debt.


What to do if someone withholds an item you loaned them?

Your only recourse is to sue them in small claims court. You will need some proof of the loan.


You loaned money to owners of a business they signed an on demand promissory note how do you file the lien on the property?

You will need to take the person to court. Once you have a judgment in your favor you can then file a lien with the courts.