Loan Repayment Legal Options

Summary

Verbal agreements can be enforceable in Alabama if provable. Text messages may serve as evidence. Financial exploitation can be considered elder abuse. Consult a local attorney for specific advice.

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Delores
Hello Delores, nice to meet you. Can you please explain the legal issue you're facing so I may better assist you?
I loaned a business man $*,* who promised to pay back $*,* within * weeks. He never paid anything and refuses to talk to me now. There was no contract. He gave me his word and a bank card to hold. The card was no good. This occurred in Dec. of *.
Hello Delores, I'm sorry to hear about this. In which state did this occur? The laws regarding verbal agreements can vary from place to place.
This happened in the state of Alabama. I am a * yr old female who was taken advantage of.
Hello Delores. I'm truly sorry to hear about your situation. Here's some general legal information:
- In Alabama, oral contracts can be enforceable if they're provable.
- However, there's a "Statute of Frauds" which requires certain contracts to be in writing.
- If you have evidence, you might consider filing a small claims case against the businessman.
Please consult a local attorney for more specific advice.
I have text messages between the two of us and the bank card. Will that be sufficient evidence?
Hello Delores, text messages could potentially serve as evidence of your agreement. However, the bank card's validity might be questionable. It is strongly suggested that you consult with a local attorney to assess the strength of your evidence.
In addition could it be considered elder abuse?
Hello Delores. Elder abuse generally involves harm or distress caused to an older person. In Alabama:
- Financial exploitation is considered a form of elder abuse.
- Proving this requires showing that the businessman intentionally deceived or exploited you due to your age.
Please consult with an attorney for a detailed assessment.