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| Author: |
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Anonymous |
| Date: |
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March 16, 2005 |
| Question: |
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I loaned made a personal to my mom for $5000 2 years ago and did not have a note signed by her. What can I do to collect these funds and is there a time limit that I can collect?
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From: |
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Ann Clarke, Alger & Associates Inc. |
| Date: |
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March 16, 2005 |
| Answer: |
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Without a signed document showing that money is owed to you, you have nothing to prove that there is actually a debt owing. Collection may be difficult unless you can prove that you lent the funds.
Ann Clarke
phone: (403) 296-2972
aclarke@alger.ca
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