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big debt owed to me from friend
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This last bit is essential.Savvy_Sue said:Just a nit-pick: friend needs to set up a Standing Order, NOT a DD. There's important differences between the two.
Don't threaten anything you won't go ahead with.
OP, if you're serious about potentially going down a legal route to force bankruptcy if he won't settle his debts, I'd consider paying for a solicitor to write the letter.
If you won't follow through, on your threat/promise (and the fact he owes you enough for a small property, means you've been a bit of a soft touch up to now). Then you'd be better walking away and not communicating with him at all.2 -
I agree about making empty threats. Don't bother, unless you really will follow through on them.
Reminds me of a parent I overheard in an airport departure lounge, telling their kid to "behave, or we'll leave you behind".How's it going, AKA, Nutwatch? - 12 month spends to date = 3.24% of current retirement "pot" (as at end December 2025)1
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