Is a verbal agreement binding in a settlement?

by Anonymous
(USA)

I agreed to the settlement currently on the table but since then I've changed my mind. I have not yet signed any papers or releases, everything is verbal at this point. Is that binding?

Visitor Question:

Disclaimer: Information provided in our response is NOT formal legal advice. It is generic legal information based on the very limited information you provided. Under no circumstances should the information in our response, or anywhere else on this site be relied upon when making decisions about your case. You should always get a formal case review from a licensed attorney.

ANSWER for "Is a verbal agreement binding in a settlement?":

The simple answer is NO.

The only concern would be if your verbal agreement was taken down by a court reporter, or if it came during a recorded deposition. Even then, 99% of the time to be enforceable your agreement would have to be in writing.

Since laws change frequently and across jurisdictions you should get a personalized case evaluation from an attorney licensed in your state (if you haven't already). Find an experienced local attorney to give you a FREE personalized case review here.

Best of luck,

Law Guy

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Is a verbal agreement binding in a settlement?

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Broken Promise
by: Anonymous

My Cousin Died Recently as Myself and My Aunt went to the wake. During Brunch my Aunt (Executor) Specifically Told me That Due to Spending Time with my Cousin and Seeing Him Last, and Due To My Financial Hardship She Agreed That I Would Receive The House (a two family).

She Said That "This Will Help You Out." Also She Promised Me His Car. The Car Went to my Brother and She Decided to Sell The House. I Always Loved This House and My Cousin Offered it to me before he Died.

Fact: My Aunt Did Not Want Anything to do With My Cousin, and Second She Knew How Important it was for Me to Receive His House. Now i am left with with nothing and may LOSE EVERYTHING!

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Is a verbal agreement binding in a settlement?

ANSWER for "Is a verbal agreement binding in a settlement?":

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Is a verbal agreement binding in a settlement?