Review the terms of the agreement, how it was agreed upon and any specifics that you remember. This is the first consideration in regard to the original agreement. Consider any evidence that the original agreement was made. This includes witnesses who were present at the agreement, any exchange of goods or a pattern of activity that signifies that the agreement is legitimate. If there is a record of payments made between the two of you, this can constitute evidence that an agreement was made between the two of you. If no evidence exists regarding the founding of the agreement, the burden of proof will be on them to prove that you entered into the agreement originally.
Look for a consideration. The consideration is the term for an exchange of valuables. If you traded property between yourself and another at the time of an agreement, it represents evidence that an agreement exists. Try to exchange the property back to its original owner, if both parties are willing. This exchange is a sign that the verbal agreement is no longer valid and can forgive you for the remaining debt. The condition of the property is significant. If the property was damaged during the time of the exchange, the other party may be unwilling to make the exchange or may request additional payment to restore the property to its original form.
Review the nature of the original agreement. If you consider the original agreement unfair, you may have grounds to break the agreement. If the property exchanged did not meet the expected standard of quality at the time of the exchange, this is grounds to return the property and break the agreement. If the other party is unwilling, you can have your case reviewed by a court. The determination will be made by the court, but this situation represents the other party not living up to the agreement.
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