Legal Question in Credit and Debt Law in Virginia

personal loan question

I live in VA. I loaned someone 1,200.00. I typed up details of the loan & had it signed by myself & the borrower and I had it notarized. he is not paying according to the terms can I do something about it?? thanks


Asked on 3/07/07, 3:44 pm

2 Answers from Attorneys
Robert Strupp Robert J. Strupp,Attorney at Law, PLC

Re: personal loan question

Without seeing the document it is not possible to give you a definite answer. If it is a binding document, you could file a warrant in debt against the borrower.

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Answered on 3/07/07, 5:14 pm
Michael Hendrickson Law Office Michael E. Hendrickson

Re: personal loan question

Consider suing this apparent defaulter on the $1200 loan in small claims court. You can file your case for around $40. (Perhaps, after he's served with the papers, he'll decide to settle up rather than having to explain it to a judge.)

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Answered on 3/07/07, 5:31 pm


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