Loaned a friend cash, worried he might not pay in time

You shouldn’t have told him you were okay with that when you’re not. Dun goof’d
 
Kardashians said:
You shouldn’t have told him you were okay with that when you’re not. Dun goof’d
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I'm willing to give him some slack bec he's a buddy after all. I asked him right after if he could pay me half by September. Still waiting for a reply. This entire convo happened less than an hour ago.
 
SSgt Dickweed said:
$1400 principal + 20% interest for a year. $1680 in total.

Should I get my lawyer cousin/friend involved?
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20% vig for a year? You're not even good at being a loan shark.

It's 20% a week at minimum. Break his thumbs if he's late on the vig.
 
Lolololol.

Loaning money to a friend.

Lolololol

Consider your money gone. Consider your friend gone.

Lolololol
 
SSgt Dickweed said:
$1400 principal + 20% interest for a year. $1680 in total.

Should I get my lawyer cousin/friend involved?
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Ahh shit, I’m sort of disappointed, I was wanting to hear about how to recover like 50k or something. 1600 bucks??? What sort of “investing” could anybody do with 1600 bucks??? That’s like weeks salary.
 
For some reason i thought of this scene from Casino.

 
Never loan a friend money, unless you've made peace with either never getting the money back, not being friends anymore, or both.
 
be sure he doesn't forget to add interest if he pays in full during October
 
SSgt Dickweed said:
I'm willing to give him some slack bec he's a buddy after all. I asked him right after if he could pay me half by September. Still waiting for a reply. This entire convo happened less than an hour ago.
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You’re in a shit situation, I’d say the friendship is toast if you go the legal route.
 
So anyone with real advice or is it just a bunch of blowhards in thread?
 
Your friends should have a healthy level of fear of you.

It solves a lot of problems.
 
SSgt Dickweed said:
The contract I made him sign was processed by the notary public (lawyer) right in front him. I photocopied his ID's and everything. I don't think he intends not to pay, just not on time.
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I'm not a lawyer but when you change conditions on a contract like not getting your payments paid in installments but in a lump sum doesnt that contract become weak? Perhaps you should get that contract amended by a lawyer to save your behind or at least get an opinion from a lawyer.

Its a bad sign that he isnt fulfilling his obligations like they were promised.....if a lawyer is involved im assuming its fair change...
 
Beat him in the face with a pistol in his driveway goodfellas style
 
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