Lent money to friend by taking a loan from bank in london, repayment made only 25%, legal written document?

Question

I have taken a loan from a bank in london when i was working there as my friend needed tht money, i am confident tht he will payback but it has been about 5 years now n the bank has already transfered my case to some colection service company, abt 25% of the amount has been made, now i want to know tht if am to get a written statement from him then wht do i need to get written in the statement, he would def. sign the document, but i want to know the matter...somethin like, takes responsibility of paying back th whole amount owed by me......pls let me know..thnks

Answer 1

It's a little bit late to be asking him to sign a loan document now, don't you think? Good luck with that, you're going to need it. In future, choose better friends.