VIC Caveat (gift or loan?)

Discussion in 'Debt and Bankruptcy Law Forum' started by tim3272, 16 July 2017.

  1. tim3272

    tim3272 Member

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    Hi,

    My relatives gifted me money 2 years ago. I bought a property, the title in my name. Now they want the money back. In fact, they obtained caveat on my property and counselling with lawyers at the moment go to Supreme Court.

    No written or verbal agreement has been made between us, no obligations, terms or contract. Furthermore money was given by cash. Basically my words against theirs.

    What are my chances in the Supreme Court? What balances or probabilities can arise? What my are options in general?

    Thanks a lot for any help
     
    #1 tim3272, 16 July 2017
    Last edited by a moderator: 17 July 2017
  2. tim3272

    tim3272 Member

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    Please, need advice! or law company which area of expertise is caveats, commercial and family. Regarding this issues. thanks hips!!!!
     
  3. Rod

    Rod Lawyer
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    Unless the other party can prove the existence of a loan you will be OK.

    If any paperwork arrives from their lawyers recommend you see a lawyer to defend yourself.
     
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  4. tim3272

    tim3272 Member

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    Hi Rod. Really do appreciate for your help. No paperwork yet, only letter of caveat at the moment from their lawyer.... What evidence in might be? Thanks!!!
     
  5. tim3272

    tim3272 Member

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  6. Rod

    Rod Lawyer
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    Have they already applied for a caveat, or do they want you to do something? You may need to object to the caveat being placed if it hasn't already.

    Be careful in case they are setting you up in some way to acknowledge a debt owed to them. Might pay to show a lawyer the letter and get advice.
     
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