1. Welcome! Please take a few seconds to create your free account to post threads, make some friends, remove a few ads while surfing and much more. ClutchFans has been bringing fans together to talk Houston Sports since 1996. Join us!

Loaned a friend $3000, gave me a bounced check, what to do?

Discussion in 'BBS Hangout' started by aggie87, Sep 4, 2014.

Tags:
Page 1 of 7
  1. aggie87

    aggie87 Member

    Joined:
    Oct 10, 2007
    Messages:
    691
    Likes Received:
    9
    I did something I regret. About a year ago, a friend who is a trust fund baby, has a father who is worth millions, said he needed an emergency loan because his bils are due and swore to me that is father was giving him money to pay his rent, bills, etc. but he wont get the funds until a week later. I was reluctant at first, but he pulled out a checkbook and wrote me a check for the $3000 and post dated it for a week later.

    The check bounced and he has made progress over the past year and has given me a few hundred each month but now he owes me $1200 and we got into a fight and he gave me the middle finger and said do what I have to do and he wont pay me..

    is there anything I can do at this point? I still have the Wells Fargo notice stating the check bounced he wrote me. We aren't really talking anymore and I learned the hardway that when is a friend is in need, dont help them...
     
    #1 aggie87, Sep 4, 2014
  2. Invisible Fan

    Invisible Fan Contributing Member

    Joined:
    Dec 5, 2001
    Messages:
    43,287
    Likes Received:
    25,312
    Which is more important, the 1200 or the friendship?

    If it's money, small claims court provided you have the bounced check.

    If it's both (because you're emo), be the bigger man and step back a little, guilt him with pride about being the bigger man while making him feel like a deadbeat.

    If it's friendship, or at least a test in it, buy him a beer and tell him, whatever happened happened. I expect the money because it's your word but do what you gotta do.
     
    #2 Invisible Fan, Sep 4, 2014
  3. aggie87

    aggie87 Member

    Joined:
    Oct 10, 2007
    Messages:
    691
    Likes Received:
    9
    what if he just denies it in small claims court or said he already paid me? would he have to prove he paid me, or would I have to prove I haven't received money?
     
    #3 aggie87, Sep 4, 2014
  4. what

    what Member

    Joined:
    Dec 4, 2003
    Messages:
    14,586
    Likes Received:
    2,553
    Go to his father and show him the bounced check and see if he will help you out.
     
    #4 what, Sep 4, 2014
  5. Mr. Clutch

    Mr. Clutch Contributing Member

    Joined:
    Nov 8, 2002
    Messages:
    46,550
    Likes Received:
    6,131
    Friends and loaning money don't mix, especially that amount.

    As far as your court questions, we need a lawyer in here.
     
    #5 Mr. Clutch, Sep 4, 2014
  6. Mr. Brightside

    Mr. Brightside Contributing Member

    Joined:
    Mar 27, 2005
    Messages:
    18,950
    Likes Received:
    2,137
    Do you have any friends (that can double as goons) who are willing to take a car ride?
     
    #6 Mr. Brightside, Sep 4, 2014
  7. CometsWin

    CometsWin Breaker Breaker One Nine

    Joined:
    May 15, 2000
    Messages:
    28,028
    Likes Received:
    13,046
    It's time to get with his girl. Start hitting on her, breh.
     
    #7 CometsWin, Sep 4, 2014
  8. Pizza_Da_Hut

    Pizza_Da_Hut I put on pants for this?

    Joined:
    Jul 16, 2003
    Messages:
    11,323
    Likes Received:
    4,118
    Beat me to it. Give her the D if he doesn't give you the green.
     
    #8 Pizza_Da_Hut, Sep 4, 2014
  9. Invisible Fan

    Invisible Fan Contributing Member

    Joined:
    Dec 5, 2001
    Messages:
    43,287
    Likes Received:
    25,312
    If you're in Texas, I think verbal agreements are good. Receipts are better.

    If you're manipulative and down with war, manipulate/schmooze into some payment (like 5 bucks), then email with a verbal receipt. "Hey man, thanks for the 5 bucks, we're good for 1495 out of the [BOUNCED CHECK AMOUNT HERE] right?" That's some derogatory ethnic slur stuff right there, but it'd be submissable once he replies and acknowledges it implictly or explicitly...

    But hey, while I may be drunk, I'm not a lawyer... I just play one on TV.
     
    #9 Invisible Fan, Sep 4, 2014
    Last edited: Sep 4, 2014
  10. aggie87

    aggie87 Member

    Joined:
    Oct 10, 2007
    Messages:
    691
    Likes Received:
    9
    his father said its not his probem :)

    my son is 27 is what he said... he isn't my liability

    the irony is his father is a Tax Partner/CPA who has part ownership in a CPA firm and fully supports his son...

    makes well over 7 figures but he doesn't care..
     
    #10 aggie87, Sep 4, 2014
  11. Buck Turgidson

    Buck Turgidson Member

    Joined:
    Feb 14, 2002
    Messages:
    85,500
    Likes Received:
    83,774
    1. Discuss things like men

    2. Vague threats re: ductape and tazers

    3. ???

    4. You got your money back.
     
    #11 Buck Turgidson, Sep 4, 2014
  12. Invisible Fan

    Invisible Fan Contributing Member

    Joined:
    Dec 5, 2001
    Messages:
    43,287
    Likes Received:
    25,312
    Obvious response.

    1) Parents back their kids.

    2) Rich people are generally cheap. Not frugal...cheap.

    3) Rich people prefer "**** you, pay me" over "**** me because of my deadbeat disappointment of a son, pay you"
     
    #12 Invisible Fan, Sep 4, 2014
  13. aggie87

    aggie87 Member

    Joined:
    Oct 10, 2007
    Messages:
    691
    Likes Received:
    9
    Daniel Davila III, MPA, CPA.PFS | Danny has been employed in the Public Accounting Industry since 1979. Davila Buschhorn & Associates was incorporated in 1984 and Danny has served as President since that time. He graduated from the Southwest Texas State University (1979) with a Bachelors in Business Administration degree. He then pursued his Masters in Professional Accounting from the University of Texas at Austin (1993). He is a Certified
    Public Accountant in the State of Texas (1981), a Registered Investment Advisor (1987), General Securities Representative (1987), Personal Financial Specialist (1998) and a General Securities Principal (1998). In the past, Danny has been the Chairperson of the Texas State University Development Foundation Investment Committee and the Texas State University Development Foundation Board. In addition, Danny is a member of the Rotary Club International. In 2010, he was the Beta Gamma Sigma Chapter Honoree for Texas State.
     
    #13 aggie87, Sep 4, 2014
  14. aggie87

    aggie87 Member

    Joined:
    Oct 10, 2007
    Messages:
    691
    Likes Received:
    9
    I am the only one who finds its ironic that this guys son gives me a bounced check and he deflects responsibility even though he 100% supports his son, his son doesn't work
     
    #14 aggie87, Sep 4, 2014
  15. Bandwagoner

    Bandwagoner Contributing Member

    Joined:
    Jan 26, 2006
    Messages:
    26,729
    Likes Received:
    3,477
    Push for prosecution for check fraud.
     
    #15 Bandwagoner, Sep 4, 2014
  16. Invisible Fan

    Invisible Fan Contributing Member

    Joined:
    Dec 5, 2001
    Messages:
    43,287
    Likes Received:
    25,312
    ^Check out post #12 holmes. It takes a mercenary attitude, but bury the hatchet in order to continue the payment. Never say you'll forgive the debt, just say hey we're still buds, even if I like being paid back, money isn't an issue for me right now....I understand if you need more time, but a little goes a long way in building back what we've built over the years.

    *** tactics, but hey business is business.
     
    #16 Invisible Fan, Sep 4, 2014
  17. Junkyard_Dog

    Junkyard_Dog Member

    Joined:
    Apr 30, 2013
    Messages:
    5,290
    Likes Received:
    1,908
    Break his legs...

    You'll feel better trust me
     
    #17 Junkyard_Dog, Sep 4, 2014
  18. Invisible Fan

    Invisible Fan Contributing Member

    Joined:
    Dec 5, 2001
    Messages:
    43,287
    Likes Received:
    25,312
    Wouldn't that be spite since it's criminal over civil and there's almost a zero chance of getting your money back?

    I guess you can hang that as blackmail over the father if he gave a damn over paying for the lawyer expenses.
     
    #18 Invisible Fan, Sep 4, 2014
  19. Haymitch

    Haymitch Custom Title
    Supporting Member

    Joined:
    Dec 22, 2005
    Messages:
    27,980
    Likes Received:
    23,170
    I know just how to help, and I'd really love to, but I have my own issues right now. If you could loan me $2500 I could put all those issues aside and help you ASAP. I'll pay you back plus interest. Jontro can vouch for me.
     
    #19 Haymitch, Sep 4, 2014
  20. bongman

    bongman Member

    Joined:
    May 20, 2002
    Messages:
    4,213
    Likes Received:
    1,411
    The bad check might be enough proof to show small claims court that he owes you money. Once that is established, the burden of proof now falls in your friends lap that he paid you.
     
    #20 bongman, Sep 4, 2014
(You must log in or sign up to post here.)
Page 1 of 7

Share This Page

Toggle Width
Style
ClutchFans Original

  • About ClutchFans

    Since 1996, ClutchFans has been loud and proud covering the Houston Rockets, helping set an industry standard for team fan sites. The forums have been a home for Houston sports fans as well as basketball fanatics around the globe.

  • Rockets Content

  • Support ClutchFans!

    If you find that ClutchFans is a valuable resource for you, please consider becoming a Supporting Member. Supporting Members can upload photos and attachments directly to their posts, customize their user title and more. Gold Supporters see zero ads!


    Upgrade Now