QUESTION
Can I be sued for a personal loan from a friend if I have not been in default of the promissory note and repayment agreement made?
Asked on Aug 02nd, 2020 on Debtor and Creditor - Ohio
More details to this question:
Loan from a friend $50,000. Promissory note and repayment agreement made. I have not defaulted in repayment, etc. Friend claims he will sue for remaining amount owed. Can this happen?
1 ANSWER
Family Law Attorney serving South Euclid, OH
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N.P. Weiss Law
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He can sue you, but he will lose if you have not breached the terms of the note.
Answered on Aug 03rd, 2020 at 4:19 AM