I asked my close friend of nearly 20 years to hold over $3, 000 for me since I did not have an account in which to deposit it. She now claims she does not have the funds. Although I endorsed the check, I still have the attorney's paperwork, verifying the check. As a last resort I will have to take her to small claims court but there has to be a reasonable way for me to get back my money, which she is now claiming she doesn't have-it's gone. I know good-bye on the friendship but good-bye to the money too?
2007-02-12 08:04:05 · 10 answers · asked by Zippy75 1 in Business & Finance ➔ Other - Business & Finance
Why havent you taken this to the courts yet?Its even larger than small claims.Dont be foolish,,now get downtown & set the ball in motion.If you hesitate,,you loose.
2007-02-12 08:08:07 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Its a 3000 dollar lesson learned. Should've used a bank.
Small claims court is often ineffective as a collection agency because it cannot force a person to pay the money by sending them to jail. The rulings are non-binding in many cases. If your friend wants to not pay, they can delay the process and make you have to spend more money to continue to take them back to court.
You could try to ask for payments from the person, since they might not have a lump sum.
Good Luck
2007-02-12 16:24:55 · answer #2 · answered by nonono 3 · 0⤊ 0⤋
If she claims she does not have the funds, does that mean she spent the money? If she spent the money then tell her to pay you back as soon as possible and get her to sign something saying that she owes you that money, then take her to small claims court. If you don't have that paper signeds she could say you gave her the money as a gift.
2007-02-12 16:14:42 · answer #3 · answered by ad121ana 3 · 0⤊ 0⤋
Yep. She spent it. Goodbye friendship, hello small claims court. Do you have a copy of the cashed check? the original cashed check? You might be SOL as this can be portrayed as a he said she said type of thing. The friend can say that it was a gift. Sorry.
2007-02-12 16:14:07 · answer #4 · answered by perplexed 3 · 1⤊ 0⤋
If you have proof that she has the money such as a verified check, I am afraid your only recourse will be small claims court. Your case would be solid though if you have proof. Get a bank account though! Free and much much safer!
2007-02-12 16:08:08 · answer #5 · answered by ? 3 · 0⤊ 0⤋
judge judy!!!!!
seriously, why dont u talk 2 her and c if yall can work out sum type of payment arangements or sumthin. it is tax time so she can give u sum of that. if she is really a close friend like u say, then im quite 4 sure that if yall have a normal talk about it, it can be resolved amongst u 2 guys...
2007-02-12 16:12:27 · answer #6 · answered by Jessie 3 · 0⤊ 0⤋
You're doing what you have to do, take her to court. If she can prove she doesn't have the funds now, the court can/will order garnishment of her wages until you are recouped.
2007-02-12 16:13:48 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Sue your former friend in small claims court
2007-02-12 16:08:01 · answer #8 · answered by Dizney 5 · 0⤊ 0⤋
Give your friend a time limit for re-payment-or you will take her to court, and do it.
2007-02-12 16:14:40 · answer #9 · answered by badbill1941 6 · 0⤊ 0⤋
It's time to call Judge Judy. She'll get your money
2007-02-12 16:07:46 · answer #10 · answered by Jessica H 4 · 0⤊ 0⤋