Ex Family loan for business start up

in Loans
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maxinedavollsmaxinedavolls Forumite
4 Posts
First Post
I’m looking for advice about a loan myself and my ex made from his father. We borrowed £5200 to start a business over 3 years ago which failed. We signed a printout to say we borrowed the money and would pay it back, however since separating nothing was said. Then out of the blue, he has contacted me to say I owe £2600 and it is to be paid within 14 days. I was just wondering where I stand legally on this, as a single parent I don’t have the money and not sure how to deal with it?
Thank you in advance for any help/advice 


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