Round 2007, I lent my boyfriend on the time round $10,000 to purchase a automobile. He mentioned he would pay me again $500 a month. Nicely, he could not deal with that as a result of he stored shedding his job. Then he began paying me $250 a month.
He paid me as much as $8,000 after which stopped when he owed me the final $2,000. He moved to Florida as a result of he could not afford to stay in L.A. anymore, and he claimed he could not afford to pay me the remainder of the cash. After that, he by no means tried to pay me again.
I really feel like I used to be cheated and used. Is there something I can do about this?
Transfer on. Let go of the hope that you simply’ll ever acquire that last $2,000.
I’d inform you to look into your state’s course of for suing in small claims courtroom if this have been a newer debt. However 14 years have handed because you made this mortgage. The legal guidelines fluctuate by state and whether or not you had a written or oral contract. But it surely’s doubtless that the statute of limitations has lengthy handed by now.
For those who can’t sue your ex, your solely recourse could be to contact him and persuade him to pay you as a result of it’s the correct factor to do. Perhaps he’s modified within the years because you broke up. However the odds of getting him to voluntarily pay up appear terribly slim. I don’t suppose $2,000 is definitely worth the worth of opening previous wounds.
Is that this actually in regards to the cash? Or are you searching for closure in your emotions about this relationship? Understand that loads of individuals stroll away from a relationship feeling used even when cash isn’t concerned.
The $2,000 he nonetheless owes you is straightforward to give attention to as a result of it’s quantifiable. However when you really feel such as you have been robbed of your time or power or goodwill, these emotions aren’t going to vanish even within the unlikely occasion that you simply acquire on this previous debt.
For what it’s value, it doesn’t sound like your boyfriend got down to cheat you or use you if he paid again the primary $8,000 amid appreciable hardship. That doesn’t absolve him of duty, after all. It’s simply that in powerful occasions, you have been in all probability simpler to blow off in comparison with his different collectors.
Take into consideration what this expertise taught you. Are there any takeaways you may apply to present or future relationships? Are there any boundaries about lending cash that, in hindsight, you want you set?
Finally, I believe you will have a greater probability of transferring ahead from no matter lingering emotions you will have about this relationship when you extinguish any hope of getting your $2,000 again. With the cash off the desk, there’s no motive to contact your ex once more. You’ve closed that chapter of your life. Chalk this as much as an costly lesson realized.
Robin Hartill is a licensed monetary planner and a senior author at The Penny Hoarder. Ship your difficult cash inquiries to [email protected].