Legal Question in Credit and Debt Law in Illinois

if i will borrow some money from my friend and give him a notarized written document that i will pay you interest until i will pay the actual amount.can you please tell me if i can;t pay my interest after two years because of lost my job so can he will take legal action against me?


Asked on 10/03/09, 3:45 am

1 Answer from Attorneys

Thomas Moens Moens Law Offices, Chartered

If you borrowed money, and you have not paid it as agreed, then yes, he can sue you.

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Answered on 10/08/09, 4:03 pm


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