Home » Legal Help » Civil Claims » Personal Loans » A friend gifted me $20k a while back. Due to some falling out now he's demanding the money back by turning around and saying that its a loan and will take me to court if I don't repay him. Can he do that? There is no IOU or any black and white.

A friend gifted me $20k a while back. Due to some falling out now he's demanding the money back by turning around and saying that its a loan and will take me to court if I don't repay him. Can he do that? There is no IOU or any black and white.

Answer :

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    V

    answered on 27/06/2016

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    Legally, he cannot. The question is whether you can persuade the Court that you are telling the truth as opposed to him.

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