Appellate Practice Attorney serving New York, NY
It's not entirely clear, but your agreement appears to be one which could not have been fully performed within a year, meaning that it falls within the statute of frauds and is required to be in writing to be enforceable. Assuming that you can get around that, you can sue your ex for breach of contract if you suffer any damages from the breach, for example if you have to pay off the remainder of the loan, or if you have to pay a higher rate of interest on a loan you take out because your ex's breach ruined your credit rating.
Answered on Sep 05th, 2014 at 12:12 PM