What do you do when someone refuses to return your money?

Talk to your friend and understand what’s stopping him from the repayment. If he is in a difficult situation, give him the option of repayment in instalments. Give a monthly timeline to return the borrowed fund slowly. Help the friend form a budget or an investment plan to raise the money.

What happens if someone borrows your money and doesn’t return it?

First you issue a legal demand notice asking him to return the loan amount borrowed from you on …. date vide bank transaction. If he do not respond or do not comply with the demand made, you may file a money recovery suit on the basis of evidence in your possession for advancing the loan amount to him.

Is it worth it to sue someone with no money?

Unfortunately, there is no good answer—if someone has little income and few assets, they are effectively “judgment proof” and even if you win against them in court, you effectively lose: you spent the time and money to sue and receive nothing in return. Someone who has no assets now may have assets later.

Can you sue someone for owing you money?

Yes, you can sue someone who owes you money. When someone keeps “forgetting” to pay you or flat out refuses to pay up, the situation can quickly become frustrating. You can take the issue to a small claims court and pursue legal action if it meets the minimum and maximum money thresholds.

What happens when you give money to a girl that doesn’t love you?

The lady that doesn’t love you wouldn’t mind leaving you if you slow down on giving her money; her money (which surprisingly is your money) is very important to her. A lady that loves you might not even notice that you have slowed down on your giving her money.

Is it bad to borrow money from your boyfriend?

“Lending money, especially to a significant other, can jeopardize your relationship,” Chelsea Hudson, personal finance expert at TopCashback.com, tells Bustle. “Even if you love and trust your partner, loaning money can lead to further issues, such as resentment, tension, and additional debt.”

What would a lady that loves money want from you?

A lady that loves the money would also want you to invest your money, but she would want you to invest it all on her. She doesn’t care but she tries her best to pretend she does.

What happens if you don’t repay your personal loan?

The lender may also suggest certain money returning plan, for instance, a monthly EMI plan or a quarterly plan to the person. Inspite of all this, if the person is not repaying the money, then the lender has to send a letter or a legal notice stating the date of the loan, the exact amount borrowed and also the repayment terms.