Chasing for money owed

[TOS'd]

For a mere 10 times your original loan, I can get you a sweet deal on a Lexus IS F. Let me know.

[hedonist]

Originally Posted by Hondaracer

I'd just go to edge water and start asking for the money while she's at work make a scene, cause her problems, find out as much info as you can about her. Even if it meant stalking her to see where she lives etc. One night of gathering info is probably worth 4k

you sound like a crazy woman

[Wormiez]

43MA 250

[Hondaracer]

Originally Posted by CRS

There is absolutely no need to do this. Similarly, there is absolutely no need to be a douchebag about this either.

Remember, you want to collect the money that is owed to you. You don't want to ruin their life (it's pretty bad by the sounds of it already and you don't need to make it worse). You also don't want to get a restraining order or be charged for stalking her.

yea cause the other reasonable attempts have worked?

she obviously has no intention of paying back, or at the very least it's of the lowest priority for her.

[jonwon]

Originally Posted by CRS

There is absolutely no need to do this. Similarly, there is absolutely no need to be a douchebag about this either.

Remember, you want to collect the money that is owed to you. You don't want to ruin their life (it's pretty bad by the sounds of it already and you don't need to make it worse). You also don't want to get a restraining order or be charged for stalking her.

The white knight rises

[Jmac]

Build up a case against her (record when phone calls were made, send e-mails/texts and take screenshots of conversations, make a digital copy of the loan agreement just in case it gets damaged, etc.) and then tell her you'll be taking her to small claims court if she doesn't start paying the money back.

Ask her what she can afford to pay you per pay period and start there. It's probably best to avoid court if possible and working out a payment plan (again, get it in writing with a signature and a witness) is probably your best, albeit slow, course of action,

[FerrariEnzo]

You call her your friend, she calls you ATM... Hello World!

Can I be your friend too!

[Drift_Monkey]

She's not the type I would go for and I don't think any of you would find her attractive either. She was a nice friend, but we didn't hang out after she lost her license back in December 2013.

Anyways, she finally picked up the phone at like 2am last night and also texted back.
She says she is helping her mom with her financial problems and hence the constant delays. I know she isn't a bad person, but her family is dragging her down.

She's saying that she will do monthly or bi weekly repayments. I'm hoping atleast $500 from every one of her pay cheques, but that is just wishful thinking for now.

I'm going to call her again today to find out her pay periods and how much she can repay me each time.

I want to get her to communicate more about her current situation and to find out whether she is lying about her family problems.

Thanks for everyone's inputs so far. I really hope this chase will end soon.

[quasi]

Guaranteed you aren't the only one she's "borrowed" money from. You could try suing her if you have that loan agreement you talked about but as it's already been said you can't squeeze a rock and even if you win the case if she has no money you'll get jack shit. I'm not going to jump on you for lending her the money you obviously know you dun fucked up and I'm pretty sure you'll never do it again (at least I'd hope), you can try approaching her at work in a reasonable way and ask her what the minimum payments she can make are because there is no way she's going to just hand you a lump sum. If it were me and in these circumstances I'd move on and cut my losses.

Edit: Didn't see response above before posting, that's somewhat positive hope she does the right thing.

[Ulic Qel-Droma]

I can get your money back.

it'll cost 25%.

and she'll probably never talk to you again (i would consider that a bonus).

[Gucci Mane]

aaaand this is exactly why ill never lend anyone money, including family members. we live in a really shitty day and age where family members will stab each other in the back for a chunk of change.

[pinn3r]

as callous as it may sound, you're fucked

lent my dad $1500 in total to "pay off his insurance," when in actuality, he's got a gambling addiction he's trying to hide from me. Haven't talked to him in months

friend of mine called me in desperation last month and asked to borrow $200 to "pay off his insurance"; i gave him a quarter of requested amount and admonished him to stay the fuck out of the casino

i'm not expecting to see my money again

[Mr.HappySilp]

And that is why I don't lend friends money. No more than $20. Family members sure since they are family. But $4000 is a lot and even if it is a family I would need time to think.

Also You will be lucky if she can pay you $100 back each pay cheque.

[trollguy]

[RRxtar]

Have you considered putting all of the info, letters, emails, txt history together into a nice timeline in a folder, and taking it to a Lawyer (or maybe Notary?) and have them send a formal letter to the girl?

She might be looking at the $4000 and consider that to be overwhelming, and, knowing she cant pay it back in full, shes avoiding you. Maybe if you expressed this understanding to her, and suggested an arrangement where she paid $200/month, that would get the ball rolling. <-- get this in a legal contract if she goes this route.

If shes dragging it out, she might not be taking you seriously. A formal letter might get that ball rolling.



To everyone saying "you cant do shit", you CAN do something. $4k isn't $800. Its a pretty decent chunk of cash. Even if you burn $3k in legal fees to get $1000 back, you not only got $1000 back that you other wise wouldn't, you hopefully teach that god damned cunt some motherfucking responsibility for her actions.

[H.Specter]

wk got owned.

[Bonka]

I'm not too familiar with the process but you can at least issue a formal demand letter to her indicating your intent to pursue legal action if she doesn't start paying up. You don't need to spend a lot of money and you could do most of the paperwork yourself and with this amount of money it's not going to small claims without going to arbitration, mediation, etc first. In many instances the appearance of a demand letter is enough to scare them into ponying up. There are garnishing orders ie: if she has a bank account in her name only, etc.

Not to pile on though as I've been here before but honestly it should be more of a learning experience for you rather than her. She knew what she was doing and generally these kinds of people don't change in respect to this. Good luck.

[Nssan]

Originally Posted by RRxtar

To everyone saying "you cant do shit", you CAN do something. $4k isn't $800. Its a pretty decent chunk of cash. Even if you burn $3k in legal fees to get $1000 back, you not only got $1000 back that you other wise wouldn't, you hopefully teach that god damned cunt some motherfucking responsibility for her actions.

Burning $3k in legal fees on top of $4k to get $1k is not a smart move.

Selling the debt to someone for $1k is.. smart

[JesseBlue]

question, do you need the money now? or are you just reluctant in letting $4000 go? as it was already mentioned, treat it like a gift / something you'll never see ever again and stop worrying about it...you'll just get stressed and old

[meme405]

Originally Posted by Nssan

Selling the debt to someone for $1k is.. smart

I'm sure someone on here will help you out for 1k...

[FerrariEnzo]

Originally Posted by Drift_Monkey

She's saying that she will do monthly or bi weekly repayments. I'm hoping atleast $500 from every one of her pay cheques, but that is just wishful thinking for now.

I doubt it would that much every month... she will drag it for as long as she can,..

[PiuYi]

don't go looking for her at edgewater (if that's in fact actually where she works), you'll get kicked out before you even speak to her and get banned for good

[Mr.Money]

[fliptuner]

I agree with Hondaracer, if she's avoiding you, step up your collection methods. If that doesn't work, take her to small claims. Or do both.

Now, since she responded and implied she's willing to pay, tell her to write you post dated cheques. At least you'll have more proof that she's supposed to pay you back. But don't try cashing them through your bank, go to her bank to cash them so they can confirm funds and you don't get fucked for NSF.

[pastarocket]

You need Denzel's character from "The Equalizer" to help you get your money back.

-know anyone who works at a hardware store?