He has paid me only $60 and not making remaining payments? Any ideas to get my money. He owes me the money as payment for my car that he totalled. I have copy of 1 check he has paid me and emails in which he agreed to make payments. is their any agency that can help to get my money? Any easy way out to resolve this as now he is not responding to my emails?
2006-12-13 00:26:15 · 17 answers · asked by omeri 1 in Business & Finance ➔ Credit
I myself had a similar experience, instead of a roommate, it was a customer, anyways, the first thing to do is call a collection agency. Normally their fees are anywhere from 15% to 30% of the recovered amount, so you gotta do what Momma always taught us, "Shop Around." Just google it or look on yahoo search, MSN search is terrible!!! If a collection agency asks for money upfront, don't use them.
Once that avenue is exhausted, then go the court route, every state has a different statute of limitation on debt, so google or yahoo the information in regards to that.
If he doesn't show up, then you win by default and he will have a judgment on his credit report. At the end of the day, though, if he's not gonna pay, he won't.
As for my story, a payment plan was worked out.
2006-12-13 00:38:31 · answer #1 · answered by Joonbug 3 · 0⤊ 0⤋
You could always go and talk to a lawyer. Otherwise, go down to the court house and file a civil debt, I cant remember what it is called, but just tell them the situation and they will refer you to the small claims court. A friend of mine did the same thing, a few years back, and then Judge Judy's production company to find out if she was wlling to take her case to TV.
A word of advice for the future. Never loan money to ANYONE. Instead give it away. You shouldnt loan money you cant afford to lose. And, then if you give it away (or have the thought process that it is given away, even though the friend thinks it is a loan) and you get it back, then your friend respects you and your friendship.
2006-12-13 00:37:32 · answer #2 · answered by thelaundryfairy 3 · 0⤊ 0⤋
Go see a lawyer. Make sure you have a case, that you can prove it was him driving your car when it was totalled. Make sure you can't get nabbed for loaning your car to someone who was not on its insurance. Then, if all this is in order, off to small claims court you go. A true friend would have bent over backward to pay your money back, and been sorry for the rest of his life. Yes, it may cost you to get a lawyer, but your buddy will have to pay your lawyer fees if you win. You will lose him as a friend, but it doesn't seem to me like he is much of a friend to begin with.
2006-12-13 01:35:01 · answer #3 · answered by sportyspice 2 · 0⤊ 0⤋
Everyone has said the same thing, which is what you really should do. Small claims court will settle disputes that are under $2500, so write him one more e-mail giving him an opportunity to make good on his word, otherwise you will be forced to take him to small claims court. Good Luck!
2006-12-13 00:38:12 · answer #4 · answered by Anonymous · 0⤊ 0⤋
You can waste your time and consume much negative energy on this or you can move on and focus on how to make more money to cover this and more.
Poor payment habits are rarely about to be fixed. Treat this as a lesson never to lend someone money...ever!
2006-12-13 00:31:10 · answer #5 · answered by Anonymous · 2⤊ 0⤋
You could take him to small claims court to get your money. If you have it in writing that he will pay you is great evidence against him. You should also ask additional funds for legal fees (if any).
2006-12-13 00:28:26 · answer #6 · answered by JAD 4 · 1⤊ 0⤋
In the USA, small claims court. You do not need lawyer. Check info online.
2006-12-13 00:28:58 · answer #7 · answered by Anonymous · 0⤊ 0⤋
if you have something in writting from him with his signature that he agreed to pay you then you can take him to small claims court. If not, let this be a lesson to you, it is just your word against yours.
2006-12-15 18:32:11 · answer #8 · answered by luciousgreeneyedlady 5 · 0⤊ 0⤋
Go to small claims court you will lose this friend but so what?
2006-12-13 00:27:35 · answer #9 · answered by Anonymous · 1⤊ 0⤋
If you have no written documentation that this accident occurred, then you have no way to prove that he did it and you will not win in court.......just go ahead and beat him up.
2006-12-13 00:53:27 · answer #10 · answered by Guy R 3 · 0⤊ 0⤋