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If A Friend Owes You Money And Doesnt Want To Pay Up?

Whats the best way of going about this??You know he has it but just dont wanna pay you back. . . . Suggestions are welcome

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that's my motto. i can't loan out an amount i cant comfortably dash out. this way i've been able to forgo a lot of debts and still maintain the friendships to a reasonable extent.

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stories in this thread remind me of my financial old guy in my days, he would say never borrow people money, if you must, do it as a gift"[i][/i] this man swears he never borrow his own grown up children money when they come to him. whatever he gives him, he does it as a gift, never expecting anything in return.  the hassle of asking someone to repay you back is too daunting and many people intentionally like to play the hide N seek, come today come tomorrow games when it comes to repaying back. how pratical his idea is, is still very questionable i guess he said gift because you will know how much you can freely give knowing you cant expect it in return unlike borrowing you will give much more saying after all I'm getting paid back later" which many instances never happens or happens without both putting two legs in one trouser.

although, many grateful debtors gladly pay back in due time

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The guy is in Ajah for goodness sake, in a civil case in Nigeria, you don't sue anybody for owing you money, you'll only end up losing more money and wasting your time. Did they sign any agreement before the hand over?, and even if they did, he the plaintiff would need a lawyer to represent him in court, and so pay lawyer's fees, he would need to be in court most times, and so waste a lot of time, at the end of which no high court judge would rule, (if the defendant has no money to pay back his debt), that he steal or rob a Bank to pay it. No court would jail him for owing you money.

Never lend what you cannot give.

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Currently, about four people owe me like that, and it seems they have no interest in paying back. Sadly on two of the occassions i was giving the the loans i had to borrow from someone else to give them because i did not want to leave them in a lurch, and now am left paying off debts i know nothing about.

Last year was in the same position with a dear friend and that scattered our friendship, we ended up in the police station, cos i took money from my office to loan this guy money for his wedding, i receievd a life lesson about what money can do to friendship, can you believe the guy accused me of being jealous because he did not marry me denied owing me a dime, the good part of it was that his own brother who was there when he came to collect the loan testified against him and I kept his SMSes, thats how he was forced to pay back but did i learn my lesson? No, am still giving loans to friends and they still refuse to pay

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I'm in the same fix. learnt a pal 10k and going up to one year now it's been unpaid. lent it to him when he lost his job, over time he's sort of rebounded but it seems he just doesn't want to put his mind back into repaying. hurt most especially when i lost my own job some months ago and was really down morally/financially and all dude had for me were words. he's still a great guy, great company and i might be able to overlook the money now, but the fact about him refusing to pay has made me zero him out from reliable friends. sadly as it stands i can't trust him financially ever again.

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Take it easy with him or her and ask for your money politely if he refuses, talk to some one close to him or her, if that did not solve the problem, then there are two things left, call the police or leave it to God ,

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Hi showbobo

talk to him;if he doesnt payback, involve a third party (family,friends,pastor etc, )

how much money are we talking about anyway?

if its just peanut money,then forget and never lend him anything in the future.

if it is big money, then go ahead and grab some of his valuable stuff (if he has any)

in your shoes, i would just consult a native doctor and thunder him or do something really silly

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Commonsensical and Rational suggestions Are Welcome. . . . . . Next

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^^Then you forget the money, End of Discussion.

Thread Closed, Debate Over.

Create a thread for something more important next time.

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Tell him/her peacefully and politely that you need your money back if he/she refuses sue him/her.

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