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Asked in NY May 26, 2022 ,  0 answers Visitors: 44

Gift or compensation

Can a family member pay off a car loan for you as a a gift or compensation for taking care of their children ''free of charge'' and 4 years later expect payback, now calling it a loan

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1 Answers

Anonymous
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Posted on / Jun. 02, 2008 09:00:00

Re: Gift or compensation

The way you word your question the answer is no. However, documentation and statements made by family member may deem it otherwise.

Mike.

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