Can he get back his $$$ ?
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My fren who is a regular, lend $700 to his colleague, whom have since left the service
But everytime he ask for his money, the lousy fren always say no money
So this has been dragged on for nearly 1 yr +
The loan was based on goodwill, therefore there is no black and white
Arent there legal ways to get back his money, without having to threaten and beat him? -
Any witness?
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Any 3rd party around that knows that the $700 was lent out?Originally posted by pierre^^:My fren who is a regular, lend $700 to his colleague, whom have since left the service
But everytime he ask for his money, the lousy fren always say no money
So this has been dragged on for nearly 1 yr +
The loan was based on goodwill, therefore there is no black and white
Arent there legal ways to get back his money, without having to threaten and beat him? -
what service? scdf spf saf?
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lend fren money always like tt one lah.....
must be mentally prepared the fren wun return one -
It's like a tub of water being poured out. There is no way of recovery.
SG have a law, even you lent money to your friends, it's still considered illegal. -
inspector u gonna arrest him?Originally posted by Darkness_hacker99:It's like a tub of water being poured out. There is no way of recovery.
SG have a law, even you lent money to your friends, it's still considered illegal.
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really?Originally posted by Darkness_hacker99:It's like a tub of water being poured out. There is no way of recovery.
SG have a law, even you lent money to your friends, it's still considered illegal.
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Army
if got third witness than hw? -
most of time lend money on goodwill = giving it away.
just take it as the $$$ is used to see his true colors lor. no choice 1...
only lend $ to people whom you feel are trustworthy and worth lending to. and only lend the amount that you can do without.
that is my principle.
what for you lend someone a big amount of $ only to make your own life miserable? -
If you read a book called "Rules of life"
One of the rule says:
If you are lending your money to someone else, its as good as giving him, so be prepared, and only lend if you are willing to give away your money. -
thats why they say...$$$ is the problem
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A contract can exist whether or not it is verbal or written.
However, the cost of any legal service will way exceed your gain. Consider it lost.
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Off the record, personally, I believe the best way is to kick up a big fuss. Make strong demands. Have him sign an agreement to repay. Go to his family and have them know the kind of scoundrel he is. -
please sign 1211 next time
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exactly. To not close frens, i take it as give away when i lend them. Count my self very lucky if they return.Originally posted by FireIce:lend fren money always like tt one lah.....
must be mentally prepared the fren wun return one -
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say bye bye to your money bah
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no you cannot lend your money to others....
too bad....
just consider it a bad debt -
Hmmm this happens all the time.. i think you have to be mindful next time lor...
And ya... i agree with the others...if you are willing to lend people the money...you have to be prepared to not get it back... -
Lend only what you are prepared to lose.
Lend your money, and lose your friend together with your money.
Keep the money, and lose only your friend.
Never be a guarantor for a loan too.
Unless you are a rich man and can afford to pay up your friend's loan.
Your friend takes the money, default, and the bank comes after you.
Bank won't chase your friend, because he simply cannot pay.
So they chase you, the guarantor.
Boh hua, your friend get the money, you get nothing but the lawyers letter.
You chase your friend, your friend hates you.
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if there is.. please tell mi too... i also kena this case b4... i think for mi it's 700 or 650.. i also cannot remember..a few of my colleagues kena too... later than we realised all of us kena con... knn..Originally posted by pierre^^:My fren who is a regular, lend $700 to his colleague, whom have since left the service
But everytime he ask for his money, the lousy fren always say no money
So this has been dragged on for nearly 1 yr +
The loan was based on goodwill, therefore there is no black and white
Arent there legal ways to get back his money, without having to threaten and beat him?
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Everyday go to his house and ask for him and also his neighbour... Make known the issue to all around the enighbourhood. Call him every now and then.. Go to his work place and kajiao until he somehow loses his job... He whould pay by then... and it is legal.
Isn't that wat the debt collector is doing? -
He is already in his 30s i tink
WHy got such ppl so thick skinned !! -
too bad its gone.
send loan sharks after him la. teach him a lesson.