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My partner and I bought a piece of land 5 years ago. It was for $420,000. I paid half cash, about $210,000 and my partner agreed to make monthly payments until it was paid off. The value of the land went way down and my partner stopped making payments. In 5 years, he made about $70,000 in payments. We settled with the bank and paid $10,000 is settlement through short sale. We split the settlement fee half and half. I am asking my partner to shoulder some of my loss by splitting the total loss. He says that he is not responsible for my loss. I have witnesses supporting my claim that we were 50/50 partners. However, we did not put anything in writing. Although she made the monthly payments for 5 years. Am I stuck with this huge loss or can I sue my partner for the loss and damage to my credit rating? I must say that my partner and I share a few other properties and he has other properties as well. I just do not feel that because the value of the land went down, I should suffer, where he walked away with much less losses. What can I do?