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You borrowed money to someone and said that you were getting it back and never did what should you do you I need the money?
Wiki User
∙ 17y ago
First, I think you mean that you lent some money to someone. If that's the case, I hope you had at least a written IOU or payment contract of some kind. If you didn't, then you still have a verbal agreement and you could sue the person in civil court for the amount you're owed. It will very difficult to prove if the loan was cash, but you could still win. Check with your local Clerk of the Court down at the courthouse on how to file a suit. And remember the saying, don't lend money to anyone unless you can afford to lose it forever. Remember that there is no such thing as borrow. You give something to someone don't except to get it back. Let that person know that your friendship is ending over this, tell them how diappointed you are with them and move on. * Without having significant substantiating evidence the best option to recover a debt is by a small claims suit. The filing fee is minimal and the court procedure is strictly pro se for both parties. Contact the office of the clerk of small claims court in the city or county of residence to obtain information on filing procedures.
Wiki User
∙ 17y ago
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What is lending of money?
it is when you give someone money, then you have to give back what you have borrowed. does that make sense?
Define deposit substitute?
1. it is the replacements of borrowed money in the banks.... arghie gonzales2. the borrowed money should be change..
How do you write a receipt for borrowed money?
It should have an accounting for how much was borrowed and how much is being repaid. Any time you borrow money, it is best to have the entire loan in writing.
Can someone take you to court over borrowed money you borrowed money of a friend and got made redundant you have no way of paying this money back until you get a job What could be the outcome of this?
filling court and getting garsnishment and then appeals,you ae srtiil looking at 6 months,if still by then then u might wana set up some type of monthly plan
Want do the word usury means?
I believe usury means taking interest on money that is lent to someone. In the Islamic faith, this is not allowed, for many reasons and the profit from interest is money obtained by evil means. If you lend someone money you should only take back from that person what he borrowed and no more.
The amount of money you borrowed is called the what?
The original amount of money borrowed is known as the principal.
What does a bank charge you when you borrow money from it?
When you borrow money from a bank, you are charged interest. interest is a fee for the use of someone else's mony and is usually a percentage of the amount of money borrowed. It is charged and paid each month, week, or day on the amount of borrowed money that has not yet been repaid.
What is the term used for all of the money borrowed by the government and the interest on the money that is borrowed?
public debt
What refers to the original amount of money borrowed?
The original amount of money borrowed is known as the principal.
What did Germany do in order to pay its war debt?
borrowed more money
What s loan?
A Loan is to borrow something as in money and in the future you give the amount of money that you borrowed to the person that you borrowed the money from.
Do you have to pay taxes on money borrowed against paid up life insurance?
Borrowed money is not taxable.
