Pennsylvania  |  Civil Litigation

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5/03/07, 11:39 pm

Legal Question

Repayment of personal loan from a privately-owned business

I have borrowed 12,000 dollars from a friend's business with his permission to put a downpayment on a house. Recently the friendship has been terminated. I have not signed any documentation saying that repayment of the monies is necessary. By law, am I still required to pay back the monies, moral questions aside?


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