HELP! Lending silly people money

Chrisjay91

Hello, thank you for taking the time to read this, I appreciate your time and I hope you can help.

Back in 2013 i leant a friend 6k (yes a lot of money and rather foolishly of me too). This year i plucked up the courage to apply to MCOL to get him to pay.

I did everything they asked and I was told he didnt put a defence up so I was awarded the judgement (great news). I applied for a warrant and so far all i have received is a letter telling me "we couldnt make contact" (not so great).

I am now wondering whether it is worth doing anything else, as the debt is now up to £6,510 after all the costs to me, I was thinking an N337 form request for earnings or if its just more money of mine im wasting on this piece of scum.

Any help or advice would be great, I know he has a job but is it worth chasing more or just do as I am now regretting it and thinking how could I be so stupid?!

Many thanks

DCFC79

Depends if he has the money to repay you.

Chrisjay91

I am unsure, I know he works, I know he has a car on credit but since I have stopped speaking to him back in January I am no longer in his loop and don't know anything more than he still works at the same place he did when i knew him and thats is about it.

sourcrates

Chrisjay91 wrote: »

I am unsure, I know he works, I know he has a car on credit but since I have stopped speaking to him back in January I am no longer in his loop and don't know anything more than he still works at the same place he did when i knew him and thats is about it.

You could escalate to the high court and send round the bailiffs.

That tends to focus the mind somewhat in cases such as this !!!

fatbelly

Or an order to obtain information

He would have to reveal full details (or face being imprisoned)

If he works, you could have an attachment to earnings.
If he has savings you could do a third party debt order
if he owns property you could secure the debt against it.

https://www.citizensadvice.org.uk/debt-and-money/action-your-creditor-can-take/how-a-creditor-can-get-information-about-your-finances/
https://www.gov.uk/make-court-claim-for-money/enforce-a-judgment

As you know where he works, and it seems a stable job, going straight to an aoe may be the way forward

bettyboo71

I had a similar problem a few years ago. Mine was Scots law, so if you are in England/Wales it would be slightly different. However, if he has a job, and you can tell the court/bailiffs where he works, an arrestment is the easiest way to get your money. It is deducted from his pay by his employers so he has no way to avoid it. Good luck.