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I recently borrowed money from a family member and signed a…

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Hello... I recently borrowed...

Hello... I recently borrowed money from a family member and signed a promissory note... I said I could pay her when my taxes come.. well things didn’t go as planned. I did get a car with my w-2... long story short the day the remainder of my money came in I met up with her and gave her all I had... left... first thing she said is I will see u in court.... my words were I never said I wouldn’t pay u... how long do I have to pay her without further consequences

Lawyer's Assistant: When we are ready I'll take you to the appropriate web page.

??

Lawyer's Assistant: Because laws vary from place to place, can you tell me what state this is in?

I live in Louisiana

Lawyer's Assistant: Has anything been filed or reported?

No this jus happened today

Lawyer's Assistant: Anything else you want the lawyer to know before I connect you?

Well I have no objections on paying her .. I willfully acknowledge and plan to make payments every two weeks per paycheck

Submitted: 4 months ago.Category: Legal
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Answered in 1 minute by:
3/7/2018
Lawyer: Loren, Attorney replied 4 months ago
Loren
Loren, Attorney
Category: Legal
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Lawyer: Loren, Attorney replied 4 months ago

Does the note have a due date or specify an event to trigger repayment?

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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