Debt owed by friend - not repaid

TrickyDicky101 · 17 January 2018 at 10:39AM

I don't believe that what the OP describes would be defined as a regulated consumer credit agreement - however, maybe it would (or could) be? Won't help the OP either way because she isn't going to get her money back.

Candyapple · 17 January 2018 at 1:04PM

Bluebell_Mel wrote: »

I lent a friend a large sum of money in 2002 on the condition that when they sold their house this was repaid, plus interest that I would've gotten if I'd kept it in the bank. Was given a timeframe of a few months.

They sold the house and never repaid it, and very shortly after moved halfway round the world (Australia).

How much money are we talking about here?

Sounds like this 'friend' used you, knowing that they were moving to Australia so you wouldn't be able to chase them as easily for repayment as if they were in the UK and never had any intention of paying you back, ever.

Sadly your chances of getting your money back are none, zip, zero, nada.

I had hoped you didn't lose too much and that after 16 years the blow had lessened, but I have to be honest here, you look like an absolute mug re-establishing your 'friendship'. Any normal person would have cussed them out and told them in no uncertain terms to never contact them again and the reason behind it. Save what dignity you have remaining and please do exactly that. This is no friend and regardless of her coming back to the UK and whatever long term strategic plan you may have concocted in your mind to get your money back - you need to let that go and move on.

You have no legal recourse to getting your money back. This woman is laughing at you and how much of a pushover you are! You lent her a substantial amount of money and she never paid you back, now all these years later you are here begging her for her friendship, sending her messages and she’s STILL walking all over you by not bothering to respond only when SHE feels like it! Does that not make you angry? Use that to fuel your response to her and put an end to this chapter of your life that appears to be 16 years overdue for closure.

enthusiasticsaver · 17 January 2018 at 2:03PM

She doesn’t sound like a friend to me and she has taken advantage big time. After 16 years getting the money back via small claims without a loan agreement would be difficult and expensive. How much did you lend her. I think I would be inclined to embarrass her on her Facebook page by asking if she can now afford to pay you back as she is obviously rolling in it. No more nicely nicely. You could try threatening legal action too.