Q: We borrowed money from my parents to buy property and promised to pay back on demand. We are now divorced. How does my parents recoup the monies?
A: David’s Answer: If it was not made part of your divorce settlement, then your parents would need to sue him directly. However, if they have no evidence distinguishing the money as a loan versus a gift, they may have a tough case. – David Bliven, Westchester Divorce.
