How JustAnswer Works:
  • Ask an Expert
    Experts are full of valuable knowledge and are ready to help with any question. Credentials confirmed by a Fortune 500 verification firm.
  • Get a Professional Answer
    Via email, text message, or notification as you wait on our site.
    Ask follow up questions if you need to.
  • 100% Satisfaction Guarantee
    Rate the answer you receive.
Ask CalAttorney2 Your Own Question
CalAttorney2
CalAttorney2, Attorney
Category: Legal
Satisfied Customers: 10238
Experience:  Civil litigation attorney for individuals and businesses.
71563194
Type Your Legal Question Here...
CalAttorney2 is online now
A new question is answered every 9 seconds

Our family helped us out with some bills in March they sent

Customer Question

Our family helped us out with some bills in March they sent us a bill for 23k with 14% interest now today they sent us a new bill with 48k and 18% what can we do they are telling us that is the amount we can see any proof from them they have told us that
they give us 16k in cash that is so not true. What can we do ? Nothing with Interest had ever been told to us until now
Submitted: 1 year ago.
Category: Legal
Customer: replied 1 year ago.
Can the do that we never had any contract with them about anything.
Expert:  CalAttorney2 replied 1 year ago.
Interest and late fees can only be charged if they are agreed to in writing in the original contract. If your family loaned you money to help out, with no agreement as to interest (and they are now trying to charge an illegal, "usurious", interest rate) you can ignore this interest rate. If the money was a loan, you should repay it - an oral contract is enforceable, and they can sue you for enforcement of that repayment. (To be clear, this is repayment of the principal, again, they cannot tack on an interest charge after the fact).If the money was a gift, no agreement for repayment was made, you have no legal obligation to repay it, you can repay if you wish.

Related Legal Questions