We never wrote anything down. Is there really a claim?

Yes. New York enforces oral loan agreements; the question is proof, and most personal loans leave a clear trail in transfers and texts. The intake collects that trail and the letter presents it.

They say it was a gift.

That is the standard defense, and it fails against a record of repayment expectations: a memo line saying 'loan', a message asking when you would be paid back, or any partial repayment. Send us what you have and attorney review will tell you honestly how strong it is.

The borrower is a family member. Will a lawyer letter make things worse?

Often the opposite. A calm, professional letter takes the dispute out of the relationship and puts it on paper, with a deadline, without a single raised voice. Many family loans get repaid once the borrower sees it has been formalized.

What if they offer to pay in installments?

Good outcome. We can put it in an attorney-drafted payment plan with an acceleration clause so a missed installment makes the whole balance due.

Demand Letter for Money Owed - NY Attorney

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