The best thing to do is just consider the money lost, but at least you learned a valuable lesson. I've learned it before and so have many other people. In general, you should never loan money to friends or family, because you'll often find yourself in this exact situation. Go ahead and ask your sister for the money back, and say how hurt you are that she hasn't paid you back, etc., but it just doesn't work with people who have no consideration for others. Your money is gone... just make sure you don't make the same mistake again.
2006-12-26 17:32:58
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answer #1
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answered by Dan K 2
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That's bad business !!!! Seriously!! It happens all the time too, and has caused so many family feuds. A contract should always be drawn up, just like a bank loan. So, they are aware of the seriousness of the loan. It's only right, you had to work to earn the money, why just be "used" after all that. Especially by a family member, who you felt could be trusted. A good place to get this problem solved at a small fee would be a your local court house. Just go there and ask for the Small Claims papers. They have a discount for low income people, and you will be given the directions on how to be your own lawyer for a day! It's easy!!! If anything, just serving her with the papers might scare her into paying!!!!
2006-12-26 17:32:52
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answer #2
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answered by sue d 4
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CAN SHE AFFORD TO PAY YOU BACK?
It is xmas and if she has kids and the like, this is probably not the best time to have a loan repaid. Can you wait awhile and maybe catch her around tax time?
Of course my first bit of advice is to never lend more that you are willing to GIVE AWAY! now of course is a moot point now that you have lent the money so ask yourself if the money is more important than the relationship...if it is, file charges on her. IF not, remind her about the loan or tell her that now you are in need of the money for some 'made up crisis of your own' and see how much SHE values the relationship. Make your 'loan' amount slightly more than the original amount of your loan and see what happens.
Before you end or strain the relationship, try to put yourself in her shoes and realistically ask if she is having a hard time or if she is just being irresponsible. Your answer to that will help you to decide what to do next. GOOD LUCK!
2006-12-26 17:26:03
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answer #3
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answered by Anonymous
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There's an old saying that says never loan your family money, if you do you'd better consider it a gift because odds are you'll never get it back and I believe in most cases that's true. If you have proof, which most people wouldn't have it or have them sign a promissory note you could sue them but is your relationship worth the money? I wouldn't loan her anymore, no matter what she says she needs it for unless she repays what she already owes you. I have loaned my son well over $20,000.00 with a letter from him asking to borrow it and a promise to repay it, well it's been 5 years now and not a penny has been returned and when I ask about it he always wants to know why I keep bringing up the past. I could have sued him but then I'd take a chance on him never talking to me again and I'm not willing to risk that so I've come up with an alternative, I'm taking him out of my will. Of course he'll be mad but I'll be dead so I won't care and maybe he'll realize then that that loan cost him alot more than $20,000.00.
2006-12-26 17:32:31
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answer #4
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answered by sharpeilvr 6
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Nope, but then I've never lent anyone (family or friends) money. I make it a point never to lend money. If a friend truly needs money (like for groceries, rent, paying a bill) I'll do that for them without expecting payment in return. But I don't lend money...I'm not a bank.
2006-12-26 17:22:20
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answer #5
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answered by Anonymous
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I only had one sister ask me to borrow money and it was only
$10.00 and she never repaid me back. She would hide from me for days and she stop talking to me. It's been a few years now
since she had borrowed that $10, to top it off she had the nerve to
ask me for $15.00 more. I told her I had the money I just couldn't
loan her the money. I just told my daughter, I was never going to see the $10.00 again. My sister that barrow the money is my older sister. As for lending to someone I don't do that, unless
it is my own daughter.
2006-12-26 17:41:27
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answer #6
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answered by Anonymous
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Yes , one ex friend and her husband borrrowed money for what they told me was for medicine for their kid, but it turned out to be money for ans abortion. They never repaid me one cent and the next time I saw her she was having a baby where I worked in the labor and delivery. The second a friend and her husband borrowed 235 dollars and thehave been owing it to me for a year (they do this every year) and they think its funny to spend and not repay.
From now on I make sure I get this in wrting and I will sue them if they don't pay, friend or not.
2006-12-26 17:32:14
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answer #7
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answered by nene 3
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My family is fine. I have seen many others that are not fine dealing with lending. Basically, you should consider it a lesson learned and forget about it. You could take her to court, but that's way too Jerry Springer for my taste. It may work for you though.
2006-12-26 17:27:23
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answer #8
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answered by Sax M 6
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I believe that everyone who "loans" someone else a sum of money regrets it. It is almost impossible to get it back from a family member...usually causes rifts. If you loan it, consider it a gift...or don't loan it. If you did not have a written contract, you will probably never see it. She knows...asking won't change anything.
2006-12-26 17:24:28
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answer #9
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answered by Anonymous
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never lend money especially 2 family unless u can afford 2 lose it because it leads 2 disaster
2006-12-26 19:49:01
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answer #10
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answered by ? 5
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