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loan to partner

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  • 15-12-2014 12:11pm
    #1
    magic888
    Registered Users Posts: 3 ✭


    I'm seeking advice. I gave my partner a loan of €4200 euros while we were still together. Now less than 6 months later we have broken up. The loan currently stands at €3000 remaining to be paid back. I'm not in a position financially to just write this off so can anyone offer me advice on how I can go about recouping this money via a legal route. We had agreed on breaking up that he would pay it by direct debit to my account on a weekly basis but he has not done this. Please any advice would be greatly appreciated.


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    #2
    Trish56
    Registered Users Posts: 1,256 ✭✭✭Trish56


    It looks like all you can do is send him a Solicitor's letter and hope he pays up.


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    #3
    themoneyguy
    Registered Users Posts: 75 ✭✭themoneyguy


    Solicitor is an option but could be expensive.
    Small claims court is easy process but the max you could get back is €2000.

    In preparation it would be beneficial if you had any of the below :

    - anything signed by him when the loan was given. written agreement
    - anything signed by him when he agreed to pay back at the point when you broke up.
    - Any evidence that he has made regular payments to you for a period since teh day the loan was given. This would help the argument that a loan was given to him and it was not a gift. Why would he be making repayments if it wasn't a loan.

    Best of luck.


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