Question:

Can i leagally hold personal items from someone who has borrowed moneyfrom me and has not paid me back yet?

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i have personal items from someone and they still owe me about $1000 they borrowed from me about a month or so ago. can i tell her she cant have her items back until she pays me back??

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  1. not legally, since it doesn't sound like you had them sign a loan agreement stating that those personal items would be held as collateral.


  2. Unless they agreed to pledge the items as collateral, it is illegal to hold the items.  She could actually sue YOU for stealing the items and win.

  3. Nope if it was written in the agreement, then you cannot legally hold the items.   Best thing to do is try to contact the person maybe get some kind of agreement of when and how much payments they can make.  get it in writing dated and noterized.

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