Repayment Of Borrowed Funds

Summary

If you spent money given to you for safekeeping, you are generally required to return it. Options include repaying out of pocket, agreeing to a repayment plan, or seeking legal advice to understand your obligations.

Full Conversation

So my ex girlfriend gave me money to hold and I spent it is there anything I can do?
Hello Triston, I'm sorry to hear about your situation. To provide you with accurate information, could you please tell me in which country or state you reside?
United States
Hello Triston,
In the U.S., the law generally requires a person to return money that they were holding for someone else. Here are some potential options:
- Pay her back out of your own pocket
- Agree to a repayment plan
- Seek legal advice to understand your obligations.