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ocean
Friend borrows money and does not return?
My former friend borrowed money(one week's salary) and doesn't return it even after 1 year when the verbal agreement was to return it in one month. If I take him to small claim's court and lose due to lack of evidence, is there any other options or actions for me to take? He won't make payments either. What would you do if you were in my situation?
                     
 




Conquistador
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If I were you I would count it as an expensive lesson. Never loan a relative or friend money. If you want to help them just give them money because you will never get it back.


biggbilly03
I'd consider it an expensive lesson on lending money...


planningresult
Is it possible the friend simply cannot repay (yet)? Find out for sure instead of speculating, by initiating a calm and concerned conversation. If (he) refuses to talk or can repay but refuses, then:

Depending on how much money it is, chalk this up to experience and move on or go to small claims court if the costs to pursue are meaningfully less than the potential amount you recover.


iwearpink4life
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seriously now..how good of a friend was this person before they borrowed the money? Would you rather have your friend back or your money? maybe your friend can't pay you back and hasn't come around because he is ashamed that he borrowed the money and can't pay you back.. i lost a friend for 5 years over $100. and i would have given $1,000,000 to just talk to her sometimes. now i have her back and i wish i had the 5 years back not the $100. friendship has no price and if yours does then you were never a true friend.


xzone fan..
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sue him and take him to small clams court, never if any money unless the sind there name on paper.


Sweet Potato Pie
neither a borrower or lender be! an old quote but has alot of wisdom behind it.

i used to lend money but no more. i learned my lesson.

unfortunately if you have no proof for small claims court, you have learned a big life lesson.

that person is obviously not a friend and i would cut them out of your life forever for being so mean and taking advantage of you.

then, i would never ever lend money to anyone again.

sorry u are dealing with this crap when u trusted in a "friend".


tin_ trunk
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Of course you know you may never see your hard earned wages again, do you have strong evidence cause I do not think verbal evidence will be good enough, Like you said you could take the bludger to the small claims court but how much will that cost you?? apart from that you may as well kiss your money goodbye, sorry mate


Desperate for help!
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NEVER.. NEVER give money to someone (even to closest friends/family) without having a written contract.. Without a written (signed by both parties, amount of money loaned, and date of loan), the law doesn't consider it a contract..


Nikki
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Never lend money you need, always say you are lending, but tell yourself it's a donation.

A good friend would repay you at the agreed time, but some people are careless, with their finances. Which is why they had to borrow from you in the first place.


littlebluefeet
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tell he ypu want the money back,if he does not give it back.hound him and his family memebers until they are fed with you.


blogingtraffic
Well I would not recomend taking it to court because you will lose more money on a lawyer and you will lose due to lack of evidense so there is not very much you can do.


connor'snana
I would let it go .You have been without the money for a year so why even worry about it .You know the old adage "what goes around comes around" maybe his next friend (girl) or guy will steal that and much more from him or even break his heart.I would not recommend doing anything to his car or anything cause you never know who is Reading the internet ya know just skip it and he will get what he deserves sooner or later!!!!!!!!!!


retta
live and learn?

It is sad, but true
when you loan money to a friend.
make sure in your heart that
you may not get it back again


Ynot me 2
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small claims court


ticklemeblue
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I would sum it up to a learning experience....you don't lend a friend money....if a friend is in a critical position and you feel the need to help....you should give a friend money....and if they ever can repay it...fine...if not...fine....


pshdsa
It is his word versus your word. You can take it to small claims court if you have witnesses or any other evidence that points to this loan. How did you pay your "friend"? Is there a record of the payment? Your first burden of proof is that you gave him the money. Next burden to overcome is that it was a loan. Even a judge will find it hard to believe that you gave the money to the "friend" to keep forever, if you prove to the judge with canceled checks, etc, that the loan was indeed made. Also in small claims court your "friend" has the chance to incriminate himself as he defends his behavior.


Valac Gypsy
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In my experience, there isn't really anything you can do. You'd definitely lose in small claims, as people ALWAYS SAY it was a gift, not a loan, & it's your word against his. Sadly true. There is no "legal" action you can take without a signed contract that it was a loan. It's a lesson hard learned. I don't think it would be wise to get "revenge" because it would only come back on you. (Not that you had that in mind!) If a "friend" needs help, I always think--if I can afford it, don't expect to get it back. Or as I said, have a written contract. I hope I won't get a red flag for this--but if you've seen me here before, my avatar & nickname "DRAGON" as well as my 360 page have been snatched from me, & this seems to be happening with lots of other people. If you've "appealed" to his integrity with no results, that is really IT.

Edit: It doesn't matter if you have evidence of a cheque or whatever; you would need to prove that it was a LOAN. Small claims would not be worth it, believe me.


Liz
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I am really sorry that this has happened to you. Big sigh!! I doubt there is much that can be done about this. I think it is a big life lesson. You trusted a person that didn't deserve to be trusted. That person chose to loose a good friend. You paid a week salary to know that person's true colors. He / she, will get his/her karma. What goes around comes around. Maybe you could talk to a lawyer to get some input. Talking about it will bring new perspective to the problem and it will help you move on. I hope you will never lend money ever again.


Chris
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I have been there count it as a lesson learned If the friendship is worth having you must forgive and forget even though it is very hard to do some times the best lessons are bought lessons God Bless


ツ
I would like to forget it, it's only money.


Holly R
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Chalk it up to experience and let it go. You'll hurt yourself more trying to get justice than you will hurt him. Some friend he was!!


williams
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It's always a problem when a friend borrow money from us. Verbal agreement doesnt count, dude. You should have got it written. The best way to get your money back is to talk to your friend directly. Might threaten him that you will tell his friends about this case.


Mrs. Shrek
Face reallity, You have lost one friend.


rand4u2
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first of all, does he have any money to pay you even if you do win? These type of idiots usually are broke. Its been a year, and you have no proof. I think you will just have to write it off, be ready to do them a bad turn if you ever get the chance, and chalk this off as a learning experience.


NATIVE NEW YORKER
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I'D WAIT UNTIL HE FORGOT ABOUT IT, BE VERY FRIENDLY AND THEN ONE NIGHT, OUT OF A CLEAR BLUE SKY, BEAT THE LIVING S-H-I-T OUT OF HIM...........NO WITNESSES PLEASE...AND NEVER ,NEVER LEND A FRIEND MONEY.


Vault Dweller
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that "friend" of yours is a real "a**hole", I'd probably punch him in the nose and forget about it...but it depends on the amount of money


guildguy
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how much was it because if its to much u need to ask him for it.


CK1
I guess I would still take it to Small claims....you can still show your bank records showing where the money went, when it was deposited, who it was deposited by....you have a case and you will win.


summerdaze
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Lesson learned! never lend money to someone that you you don't care if they don't pay you back.


rwest
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cut his brakes


Question_Answer
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Meet him in a dark ally and beat the *#@$# outa him! Take his wallet and hope some money was in it to pay me back! Shave his head, eyebrows, and write obcinities on his face with a black perminate marker! Walk away and hope it ended there.


back off
Rating
the only solution is to smash people like them.


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