Potential Contractual Misrepresentation

Summary

Oral agreements can be legally binding in texas if terms are clear and agreed upon. Promissory estoppel may apply if you relied on a promise to your detriment. Consider consulting a local attorney to explore your options.

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Why do you say fraud Why not something else ages decided he wasn't going to give me the loan It was a withdraw from his retirement account but it was a loan to me Would that be something else Like a breach of contract the promissory stoppable Why did you say fraud
It sounds like the situation might involve breach of contract or promissory estoppel rather than fraud. Here's a brief explanation:
- Breach of Contract: Occurs when one party fails to fulfill their obligations under a contract.
- Promissory Estoppel: Involves a promise that one party relies on to their detriment.
Could you share more about any written agreements or promises made?
So this is all done in text their phone calls but no contract He was withdrawing money from a retirement account and you don't loan to me in the taxi ask can I pay it back I say yes we discussed making sure when it's paid back I pay back enough that he's in the same spot he would be as if the money never came out told me we're going to pay him interest. So those phrases up there he already said ask me if I could pay it back me green over about * weeks of talk about the money and phone calls Do you think this is enough to have established it's not just a family whim of I'll see what I can do Does this establish the contract everything I did over those * weeks is based on getting that money and then pursue an investor and in pursue selling out selling part selling away making any move other than that money's coming I know what I got to do with it and I got to repair
In Texas, even without a written contract, an agreement can still be legally binding under certain conditions:
- Oral Contracts: Generally enforceable if terms are clear and agreed upon.
- Promissory Estoppel: If you relied on the promise to your detriment.
- Consideration: Both parties must provide something of value.
Given your situation, it might be wise to consult with a local attorney to explore your options. Did you want assistance connecting with someone who can help?
I want you to tell me if you believe there's enough there don't make it up leaving the body contract
Case Rating: *
Based on your description, it seems you may have a case involving oral contract or promissory estoppel. In Texas, these can be legally binding if certain conditions are met. Since it's a nuanced situation, consulting with a local attorney might be beneficial. If you wish, I can help connect you with a lawyer. Let me know if you’d like assistance with that!