My question is regarding credit card laws in Colorado. Long story short, my cousin got married in May 2009, I let her put her husbands ring on my Kay's credit card because she didn't have the money at the time. She wrote me an email (since we live in separate states) stating:
"I (her name) promise to payback the amount of $1699.00+tax to (my name). It was put on (my name) Kay's Card on May 28th 2009. I will pay the amount of the bill every month or if possible more than amount billed. If I (her name) fail to pay the amount stated above (my name) will persue legal actions."
Then she "electronically signed" (aka typed) her name as well as her sisters as a witness. At the time, I saw no reason for even this because she is my family and best friend; well now she hasn't paid the card in almost 3 months. I have been forced to pay twice now so I wouldn't get sent to the collection agency. She will not return my phone calls and when my aunt says it will get taken care of, it doesn't. I told her that I want the ring since she is not paying for it. However, what are my options? Will this email and her text messages hold up in court? Needless to say, I should have listened to the "don't lend money to friends or family" saying.![]()

