Evansville, IN asked in Small Claims for Indiana

Q: I recently lost a small claims suit over earnest money wherein the facts were very simple and as follows

- the contract had a contingency for financing

- my financing was rejected due to loss of my job (I lost my job after applying for financing)

- I provided copy of contract & lender's rejection as evidence

- seller stated that he could have provided financing (which he did not, and could not due to my lack of employment)

- seller stated that I proceeded with another purchase (I was able to purchase another home at half the price, with my wife's $18k/yr income - not enough to get the $250k loan for this purchase)

Judge's findings were that "plaintiff (me) failed to meet burden of proof", and used seller's claims to reach her conclusion.

My interpretation is that, even though I provided evidence and the seller did not - I was held to a higher standard of proof.

Why is this? It seems we should be held to the same standard being the monies were held in a "mutual" place.

I was told by my agent that this would be a "slam dunk"

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1 Lawyer Answer

A: You had the right to appeal the court's ruling to the Court of Appeals, but the time has passed. You are bound by the court's judgment.

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