I used to always loan money to my friends whenever they needed it. Some would pay me back right away, others would take a little longer. Anyway, one day someone who I thought was my friend needed to borrow some money to help him move. I thought I could help him out. He showed me how he was going to pay me using his bank to put the money into my account. So I loaned him a large sum ($1000). Haven't heard from him again. Been 8 months.
I learned my lesson to never loan money again. Anyone else have a similar story?
I was wondering, does anyone write up paperwork when they loan friends money? Would anything like this hold up in court and are there any sample paperwork out there?
I have the guys name, social, place of birth, date of birth. Anything I can do with this to avenge myself?
