I loaned $4,500 to a friend and had him sign a note that I just drafted up on my computer and have a copy of the cashiers check. This was about 3 years agoand I have only received about 5% of the money back. What can i do? He just doesn't have the money at all. If I see an attorney, i'll have to pay for it anyway and the only thing they could do is garnish his wages. He has 2 kids and money problems, what to do?
I loaned another friend $80 awhile back and still have not been paid back.
I will never loan anyone money again. Only my mom and she would never need me too anyway.