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

I don't want Jontro's stamp of approval.

 

The original loan did you give him cash or a check? If it was a check did you write loan in the memo?

 

They can easily add restitution to his sentence and you get your money or he goes to jail.

Also if "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 true, who cares?

I would push for whatever, or shoot him.

 

Thinking more about it, once he claims that he paid you, that in itself is an acknowledgement that he owed you money. So the only claim that needs to be proven is that he paid you. Whoever makes the claim has to prove it.

 

It's possible, if not likely, that the father is not really backing his son. Maybe he's just tired of bailing him out.

This is possibly a mute point, since the bounced check exists.

 

moot point

come on

 

can't take you or your advise seriously with errors like that

 

If he don't have the money just tell him he can pay you in yayo.......

 

This man speaks the truth. I have done business with Haymitch on a few occasions in the past and he delivered past my expectations.

He also has good taste in teh pr0nz.

 

we have some Swoly-D's in the thread

I'm lesdyxic, so don't act surprised. You should see some of my more legendary flipping of words simply because they are phonetic equivalents. Have you ever seen someone use "once" instead of "wants."

At least I never misspell Beverley's name, ftw!

not sure I gave any advice at all...so we can probably mute your point.

 

It's moo point

 

Verbal agreements are only good if both parties admit to the same thing.

If you should end up in court and both parties admit to it, then it essentially becomes a recorded agreement.

 

Haha!

This is almost exactly the case we studied in my contracts class today in law school

 

This thread is worthless without pics of the bounced check and pics of the friend's mom in her tennis clothes..........

 

And ?

 

I've learned that whenever you lend someone money...no matter who it is, always assume you may never get it back.

 

This...makes it so much easier.

 

The man is 100% correct - he is not responsible for what his 27 year old son agrees to regardless of how much support he gives him.

 

Take it to small claims and do this.

1. You need his full name and current address.

2. ask for the claim documents and fill it out while in there explaining the situation ( in 5 sentences while providing a copy of the fraud check.

3. choose the option of "constable notification" where they knock on his door or even his job to notify him and sign the paper work ( $40 ).

4. it takes anywhere from 3 to 6 weeks.

5. The fraud check is the strongest proof and he has no proof of paying you back, which most likely he will say he paid you x amount. Again no proof he paid you, ask for the full amount then the prosecutor would try to solve the issue between the 2 parties before taking it to the judge.

6. prosecutor will try to meet you half way since you're friend will claim he has no money. If you don't like what you hear then ask for trial by judge ( which the judge would award you you're money most of the times.)

7. If you're friend doesn't show up, then you win the case and the full amount. This case will appear on his credit file (Loans and properties) which you're friend will regret and ends up paying you.


Not yet in law school but I've done it couple of times and won all cases.