Question:

I used my credit for him-now he dumped me?

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what i want to know is do i have any legal recourse with nothing in writing. can i win? if i win, can i recover? i assume it is a civil suit, $6k, but do they ever have to pay or do i just get a judgement, and no cash. does that bad judgement even go on their credit report?

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5 ANSWERS


  1. Generally, it can be costly for you to take him to court, however it is possible. You would need a written agreement stating that  this is not a gift but a loan to be repaid. A judge may find in your favor and they would issue a judgement. A judgement can appear on a credit report if the credit bureaus are notified by you of the judgement. If you have a judgement, you can file a lien against personal real property, such as a house owned, etc.


  2. Unfortunately this happens all too often.  Even if you get a court judgement against him, the next problem is trying to collect it.

    Even worse is when 2 people buy a home with no written agreement when they split up.  Or one girl took out a loan to buy her boyfriend a $58,000 truck (his credit was bad), he took off, and she was trying to figure out how to get the truck back.  So you might consider yourself lucky that this lesson did not cost you more.

  3. With nothing in writing, you don't stand a good chance it court.  Without anything in writing, your testimony will be hearsay -- your word against his.

    I want to make this clear.  If your man lacks the ability to provide for you, then he probably isn't ready for all of the responsibilities of a relationship.  

    Second, your man didn't have credit for a reason.  Creditors deemed him too much of a default risk.  If professionals won't loan him money because they believe he won't repay them, why should you?

    If you felt the need to help his cause, help him build good money habits instead of letting him "use" your credit.  He used your credit to get access to things that he didn't deserve.  All too often the debt he creates lasts longer than the relationship and someone feels jilted.

    Next to your character, your credit is the one of the most precious assets you have. You have to treat it as such.

  4. You can try, but even if you win (which is unlikely) you will probably not collect.

    This is why you never mix your finances until you are married.  EVER>

  5. Eek...sorry that you got taken for a ride.

    What exactly did you charge for 'him'? Depending on if you can prove that you extended this credit to 'him' or not, you may be able to recoup your loss.

    For example if you bought a used for him for say $5-6000 then obviously that could be proved.

    The other thing you'll have to prove is if it was a gift or a loan. A lesson learned!

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