Gave friend money to borrow

[boarer2004]

Basically thought I was helping out my friend, over a year ago gave him 900 pounds so he could pay his rent as he just lost his job and now over a year later he doesn't answer my calls has moved place and is in another job but I know roughly were he works what can I do as I have been asking him for money for over 6months

[manta]

break his face open

[matt_vtr_15a]

I had the same situation....

One with a girl and one with a good lad mate...

I had quite a lot of evidence from texts and bank transfer etc. for the girl so I threatened to get police involved... (well small claims court)

She paid me back soon after....


I gave my lad mate the money in cash... he stayed in contact until he moved about 60miles away...

Found out he owed like 5/6 other mates money and also owed the money shop for a pay day loan.

He sold his car to pay off the debt when we managed to find out where he lived...

Your options depend on more details... do the latest communication between you suggest he still owes you money? Did you have some form of contract via text for instance or was it all verbal?

[0rang3peel]

you can't do anything.

I suggest you stop calling him a friend and delete his number.

[boarer2004]

I had the same situation....

One with a girl and one with a good lad mate...

I had quite a lot of evidence from texts and bank transfer etc. for the girl so I threatened to get police involved... (well small claims court)

She paid me back soon after....


I gave my lad mate the money in cash... he stayed in contact until he moved about 60miles away...

Found out he owed like 5/6 other mates money and also owed the money shop for a pay day loan.

He sold his car to pay off the debt when we managed to find out where he lived...

Your options depend on more details... do the latest communication between you suggest he still owes you money? Did you have some form of contract via text for instance or was it all verbal?

Yeah have many text don't know how far back I can go on my iPhone but have a few resent texts saying he will pay me on his payed day but most was done either by phone or face to face my partner is fuckin livid as I now have a 3 month old son and we are starting to struggle I've had to give up so much of my stuff , track car ect just to make ends meat , what would the police do in this situation

[boarer2004]

break his face open

Not going to get my money back ...

[smiith]

you can't do anything.

I suggest you stop calling him a friend and delete his number.

For £900, i would be going to someones house, removing their tv, games console, teeth.. Anything of value up to £900..

Wait and see if he has receipts for em all, if he reports theft, say you bought them for your new flat, but it fell through, so you lent them to him..

[Saxoladlesta]

what would the police do in this situation

Nothing, it's a civil matter

[Dave_P]

Don't lend folk money! :n:

I think you need to go and have a word with him...

[Carl-h]

I know it won't definitely get your money back but in this situation I think violence would be one way to sort it. It might work too if he shits it.

This is why I don't like lending money to anyone other than family. Even with family there's only a few who I'd lend to. Or as smith says go and take stuff to the value of £900.

[wadoryu]

Never lend a "friend" money. Always causes complications.
But in this case, go to citizens advice out a £5er in the box and they'll help you out. It'll end up in small claims, and wait for judge judy XD

[boarer2004]

Thanks for the advice guys but as I have said he has now moved house so I don't know where he is living all I know is that he works at a phone shop in town as this what his Facebook status tells me if this is true or not I don't know , might try and make his life hell ie find where he works firstly talk to him about the matter if no response then complain to his company bad service or chatted up my missus other then that I'm a complete dick and have lost roughly 1000 pounds try explain that to the girl friend

[Manu]

http://cdn.meme.li/instances/300x300/38862940.jpg

[boarer2004]

Never lend a "friend" money. Always causes complications.
But in this case, go to citizens advice out a £5er in the box and they'll help you out. It'll end up in small claims, and wait for judge judy XD

Does it cost to go to small claims court ??? And judge Judy is the way forward

[boarer2004]

http://cdn.meme.li/instances/300x300/38862940.jpg

Lol this is basically going to me stalking the local phone shops at night

[wadoryu]

Does it cost to go to small claims court ??? And judge Judy is the way forward

I don't know first hand how it works. But I believe it's whatever party looses pays the fees. Just pop in to CAB they'll tell you what you need to know.

[boarer2004]

I don't know first hand how it works. But I believe it's whatever party looses pays the fees. Just pop in to CAB they'll tell you what you need to know.

Cheers mate great advice

[matt_vtr_15a]

I basically sent this to one of said people that owed me money.... it was a facebook convo i had with a girl that studied law....

may be of some use to you, it depends on the person.. sometimes small claims court can be the best (it scared the person who owed me due to certain forms of income)

and sometimes if you have no evidence on your side it's best to threaten... but if you have no idea where they live etc. you are merely gonna come across as a keyboard warrior so in this case that is useless.....

hopefully this convo below may help, as if you do get violent and they dont have the money and you have no evidence you will bring on more trouble and costs than the original 900 you were owed...


Matt

It was all agreed on text.. the amount the person needed to borrow and then i said i had transferred it after we discussed it would be paid back in a month or so time... just not sure what is best to do! I wouldnt of minded soo much but for them to be cowardly and move and block communication has really made me want to take it further.. just not sure what is best to do or if i even have a leg to stand on with the agreement being via a text?

12:45
Lauren

Hmmm... I would like to say you'd have the opportunity to take the said person to the small claims court.
I've found this for you. I think, depending on the amount of money, it wouldn't be a great amount of money to list it as the court will take this as a small claim.
This is something I found for you which wil probably help

12:45
Lauren

Can it be shown that money has been both lent and paid back before in order to establish routine terms?
Can it be established that large gifts of cash have not been made before?
It would help if the claimant could provide details of income and savings that demonstrate how unlikely it is that a gift of this amount of money would be made.
It is also worth searching for any text messages or emails that mention the loan.
A reply simply saying ‘thanks for the loan’ or ideally something that specifically mentions the loan request, and emphasises that it is a loan, would be hugely beneficial to a claim.
Without any written evidence of this nature to present to the court, it may be useful for the claimant’s case to open communications with the ex-boyfriend via text message or email, and if possible agree to a date when the money should be deposited back.
This would be to provide evidence that an agreement has been made between both parties.

http://www.thisismoney.co.uk/money/experts/article-2145901/Can-I-force-ex-boyfriend-pay-3-000-loan.html#ixzz2UIuWelaE

[chris_ph2]

Find out where he works and where he lives then confront him with a mate face to face and walk him to a cash machine

Does my head in when people do this. Do them a selfless favour and they see it as an opportunity to do you over

I rarely lend money now and never without a signed loan agreement. Even if it's good mates! Agree a date by which they can realistically pay you back then make a note that interest will be charged after that date. And never cash! Just bank transfer marked as 'loan.' Owed money between friends just causes too many problems

[yagersecho]

It seems just more and more are folding over good friends....for the sake of some dough....it just aint full flavour behaviour.

[e8_pqck]

I don't ever loan money i expect to get back. I've given plenty of money to friends and family with promises to pay back but it doesn't mean anything - i've lost friends too becasue they thought i'd be asking for it back but I never have. So probably best not to lend anything as even if you're not expecting it back, they avoid you just in case!

It never ends well.

Small claims should be a simple process, but it will cost a bit of time and effort to pursue - £900 is probably worth that little bit of effort.

[Prickle]

I dont think i would to my friends (as you never know) but my parents i have done, and got it back as soon as they can.

[Yates]

I've been in same situation. Lent a mate 900, spoke to him and he gave me money back cos Hes a mate and it's what we agreed.

[boarer2004]

Small updated ; I've found him on the Facebook :) sent him a private email saying he's got a week to get my money back or I will be taking him to small claims court , firstly he said I'm sure that the police would be interested in you handing money out without the correct licences ......??? However I have text from him coming to be asking for money. So he changed his mind and said I get paid next Tuesday will come and meet you then .....

To be continued

[Saxoladlesta]

Ideally you need in writing that it was a loan whether that's Facebook/text/email. Send him something along the lines of "you knew it wasn't a gift/you knew I was only loaning it to you"

[Brettles1986]

Small updated ; I've found him on the Facebook :) sent him a private email saying he's got a week to get my money back or I will be taking him to small claims court , firstly he said I'm sure that the police would be interested in you handing money out without the correct licences ......??? However I have text from him coming to be asking for money. So he changed his mind and said I get paid next Tuesday will come and meet you then .....

To be continued

He sounds like an utter prick, trying to make out like you were doing something illegal by lending him the money, I would make the fucker pay interest for the cheek tbh.

[boarer2004]

He sounds like an utter prick, trying to make out like you were doing something illegal by lending him the money, I would make the fucker pay interest for the cheek tbh.

Too be honest I'm trying to be as nice as I can until I get my money back but when I do all hells going to brake loose but out of interest is there a law where you are punished for handing out large sums of cash

[Brettles1986]

Too be honest I'm trying to be as nice as I can until I get my money back but when I do all hells going to brake loose but out of interest is there a law where you are punished for handing out large sums of cash

I'm by no means clued up on it but I don't imagine there is, especially for £900. People pay for cars cash and pay £1000's.

[Giraffe]

Too be honest I'm trying to be as nice as I can until I get my money back but when I do all hells going to brake loose but out of interest is there a law where you are punished for handing out large sums of cash

Not unless you're asking for massive interest on top of it like a loan shark or something I wouldn't think.

Why would all hell break loose when you get your money back? At that point you've got your money back, lesson learned. Grow up.

[Saxoladlesta]

Too be honest I'm trying to be as nice as I can until I get my money back but when I do all hells going to brake loose but out of interest is there a law where you are punished for handing out large sums of cash

No there isn't.

[devilsadvocate]

Get the feeling you will never see that money again to be honest. Life lesson, don't lend people money, full stop, irrespective of who they are.

[Matty16v]

Verbal agreement or not, judge Judy would rule in your favour as most judges aren't stupid and would ask him a line of questions where he would most likely admit he borrowed it as a loan, then you'd hear "I rule in favour of the plaintiff for the sum of £900" or something like that

[Cam]

Random bump ^

[MuZiZZle]

It seems just more and more are folding over good friends....for the sake of some dough....it just aint full flavour behaviour.

^ who's this guy? ^

he's freaking awesome!