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What do you do when a friend owes you a large amount of money?
I have a friend who owes me over 1000 for breaking something of mine over a year ago, I don't want to get into too much detail, but I am thinking about just asking for him to give me some of his items to deduct from his debt. The items will not cover his debt but reduce it by 1/3 so its not like he still wont owe me. The debt looming over him does bother him and sometimes causes us to fight over the money because I do bring it up when ever he goes out and buys something. He went and bought something that could have paid most of the debt off which he didn't need at all, it was a luxury item that doesn't even get used.
money between friends is money lost. you either get the money or keep the friend.
nonsense. Real friends pay because they want to pay you back because it's the right thing to do.
Explain to him that it's not very fair to you that he hasn't paid you yet. As a friend, he should realize that. If he's not a friend, a small claims court might realize that.
Oh man, years ago, my best friend had this idea that he got to pay back loans to me, on whatever schedule he felt like. Luckily they were small loans, like a movie ticket, and these days I won't lend him money, or I'll pay for something and won't ask for anything in return.
Septus on
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
money between friends is money lost. you either get the money or keep the friend.
agreed. You have to 1) think of it as an investment, and 2) decide what's more important, the investment in the money or the investment in the friend. Is this a guy that you're going to be hanging with ten years from now? If you think that's even a remote "yes", then don't worry about the cash unless you're really struggling for money. If not, then take some shit and settle the debt.
amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
edited September 2007
Also, I've got to ask... what did he break? If it's something technological chances are it's a lot cheaper now, and regardless of weather or not it cost you a grand then chances are it won't today, so we're talking about less money. Details....
money between friends is money lost. you either get the money or keep the friend.
This is generally the way it goes. If he's made no attempt to pay at least part of it back, and is spending money on shit he doesn't need, he never intends to pay you back. Something you'll just have to deal with. But if you try to force the issue, you will likely lose him as a friend...also just how it goes.
So now you have to decide if having him as a friend is worth a grand.
Part of the problem is that some people just don't feel much responsibility to pay to replace things they break; it's not like he bummed a grand of cash off you. You're talking about what I'd assume was accidental damage to something, and a monetary arrangement that wasn't agreed on before this damage occurred. Granted, most people that aren't dicks will try to pay for shit they break by accident...but sometimes even halfway decent people won't. Again, something you have to deal with. See above.
it really doesn't sound like he's much of a friend anyway. If someone owes you a decent amount of money and won't pay it back even though its within their means I really can't see them being worth keeping as a friend anyway
taliosfalcon on
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MichaelLCIn what furnace was thy brain?ChicagoRegistered Userregular
edited September 2007
I'll just say I know you want to be repaid, but acting like a nagging spouse, "I do bring it up when ever he goes out and buys something," probably isn't the best way to go about it.
I like the idea of him buying you lunch a few times ($1000/ X Big Mac meal=heart attack ftw), and just cutting the loss if you want him as a friend.
But seriously, what kind of friend does a grand worth of damage and then never pays you back?
I'd still like to know the level of damage done... I mean are we talking about dropping your sony camera and you wanted to buy a new one instead of fixing the old one, or are we talking about backing your civic over a curb and ripping the bumper off... for god's sake man.... what happened!?
And if you're worried about the money over the friend, I would suggest being more "professional" about the whole thing and making him sign a payment plan. It's a little assholeish, but at least in the back of his mind he will know he needs to do something incremental to pay you back. Plus if you have to go to court over the payment issue, you will have an easy victory.
Also, I've got to ask... what did he break? If it's something technological chances are it's a lot cheaper now, and regardless of weather or not it cost you a grand then chances are it won't today, so we're talking about less money. Details....
He crashed my car and the cheapest place in town wants 1200, thats a fucking Spray Glow and they will do a shitty job. A good place in town wants 2700.00 to repair the car.
He was trying to do the right thing because I passed out at a party I threw in an illegal area. If a cop saw my car in the no parking area, I would have been in a ton of shit but on the other hand I didn't ask him to drive it drunk, I was passed out at another friends house a few miles away when he hit another person car which he owes money on.
Also, I've got to ask... what did he break? If it's something technological chances are it's a lot cheaper now, and regardless of weather or not it cost you a grand then chances are it won't today, so we're talking about less money. Details....
He crashed my car and the cheapest place in town wants 1200, thats a fucking Spray Glow and they will do a shitty job. A good place in town wants 2700.00 to repair the car.
He was trying to do the right thing because I passed out at a party I threw in an illegal area. If a cop saw my cop I would have been in a ton of shit but on the other hand I didn't ask him to drive it drunk, I was passed out at another friends house a few miles away.
Also, I've got to ask... what did he break? If it's something technological chances are it's a lot cheaper now, and regardless of weather or not it cost you a grand then chances are it won't today, so we're talking about less money. Details....
He crashed my car and the cheapest place in town wants 1200, thats a fucking Spray Glow and they will do a shitty job. A good place in town wants 2700.00 to repair the car.
He was trying to do the right thing because I passed out at a party I threw in an illegal area. If a cop saw my cop I would have been in a ton of shit but on the other hand I didn't ask him to drive it drunk, I was passed out at another friends house a few miles away.
o_O
Do you not have insurance?
Edit: ah, drunk. Nevermind.
Yeah, not only that if I called the cops and made a report or anything I would have went to jail, he would have and about 5 more pople.
If you do decide to go the item route, make sure you get it in writing that he is trading you the items in exchange for a certain amount off the debt he owes you. Without it in writing, he could theoretically go to the police and file a report for stolen property and you will be forced to give it back. In fact, I'd get him to sign something stating that he owes you $XXXX for crashing your car.
Cheapest solution would be to go to one of the daytime court shows and file a suit against him. If you win the case, the show itself pays you so your friend doesn't have to be out any money, but it will be on his record that he lost that civil suit.
But yes, getting money from most friends is a big pain in the ass that doesn't end well. Theres a rare few that will pay back, but they usually don't borrow or do something stupid to owe the money in the first place.
If you do decide to go the item route, make sure you get it in writing that he is trading you the items in exchange for a certain amount off the debt he owes you. Without it in writing, he could theoretically go to the police and file a report for stolen property and you will be forced to give it back. In fact, I'd get him to sign something stating that he owes you $XXXX for crashing your car.
Cheapest solution would be to go to one of the daytime court shows and file a suit against him. If you win the case, the show itself pays you so your friend doesn't have to be out any money, but it will be on his record that he lost that civil suit.
But yes, getting money from most friends is a big pain in the ass that doesn't end well. Theres a rare few that will pay back, but they usually don't borrow or do something stupid to owe the money in the first place.
Yeah, I plan to get it in writing if I got items for the money but the biggest thing is I would feel kinda bad saying "Hey, let me get your game consoles and I will subtract some debt" Then he might get the feeling every time he buys something I can just be like, let me get that off of you.
Another thing is the estimate on my car is over a year old so I am sure how much it costs to get repaired has changed. Also, what shop do I use to do the work? The cheapest one or one that will do the work right?
I wouldn't write the money off but I would say it should be a 50/50 split because of the crazy circumstances but it seems like you've pretty much done that already.
saltiness on
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Nova_CI have the needThe need for speedRegistered Userregular
Another thing is the estimate on my car is over a year old so I am sure how much it costs to get repaired has changed. Also, what shop do I use to do the work? The cheapest one or one that will do the work right?
The one that'll do it right, clearly. Improper repairs can leave your car in worse shape than when you gave it to them. basically, there's no way to fix a car cheaply.
Nova_C on
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amateurhourOne day I'll be professionalhourThe woods somewhere in TennesseeRegistered Userregular
I wouldn't write the money off but I would say it should be a 50/50 split because of the crazy circumstances but it seems like you've pretty much done that already.
yeah, I mean it sucked that he was drunk and fucked up, but you were drunk and fucked up too.. That's a 50/50 scenario. He's already paying one set of damages, you can't go to court on it, because for one thing most judges would throw it out since you were both hammered, or have you arrested (if that's possible, depending on the state). Other than a friendly agreement it sounds like you've got no claim to the money owed. I'd see if he is willing to part with some stuff and call it a day, but you'll be risking the friendship.
I am just thinking that if I claim a few items that is the only way I will see any type of repayment. My car being repaired would be preferred but I might end up waiting another 6 months to a year. Someone making like 8.00 an hour and can hardly manage money to pay back 1200 would take forever, right?
Yeah, in some way I have wrote it off already but it is hard to forget when you drive your car around for a year with dents all over it. If it was a game console that got destroyed or a computer, I would just buy another one and be pissed off but with a car it is always hard.
Another thing is the estimate on my car is over a year old so I am sure how much it costs to get repaired has changed. Also, what shop do I use to do the work? The cheapest one or one that will do the work right?
The one that'll do it right, clearly. Improper repairs can leave your car in worse shape than when you gave it to them. basically, there's no way to fix a car cheaply.
This depends on whether it's body work or actual mechanical repairs. Body work can be done cheaply, it's just generally ugly (for instance, the estimate for the body work on my car after this dude rear-ended me was $4700; I got it done for $1800, and it looks fine, aside from a couple of cracks and a few scuff marks that aren't worth the money to replace).
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That being said, if you can easily agree on a value for the "stuff" he'd be giving you, whatever. If not, I wouldn't bother, and stick with cash.
nonsense. Real friends pay because they want to pay you back because it's the right thing to do.
Explain to him that it's not very fair to you that he hasn't paid you yet. As a friend, he should realize that. If he's not a friend, a small claims court might realize that.
B.net: Kusanku
agreed. You have to 1) think of it as an investment, and 2) decide what's more important, the investment in the money or the investment in the friend. Is this a guy that you're going to be hanging with ten years from now? If you think that's even a remote "yes", then don't worry about the cash unless you're really struggling for money. If not, then take some shit and settle the debt.
it really doesn't sound like he's much of a friend anyway. If someone owes you a decent amount of money and won't pay it back even though its within their means I really can't see them being worth keeping as a friend anyway
I like the idea of him buying you lunch a few times ($1000/ X Big Mac meal=heart attack ftw), and just cutting the loss if you want him as a friend.
I'd still like to know the level of damage done... I mean are we talking about dropping your sony camera and you wanted to buy a new one instead of fixing the old one, or are we talking about backing your civic over a curb and ripping the bumper off... for god's sake man.... what happened!?
Wii Code: 1040-1320-0724-3613 :!!:
He crashed my car and the cheapest place in town wants 1200, thats a fucking Spray Glow and they will do a shitty job. A good place in town wants 2700.00 to repair the car.
He was trying to do the right thing because I passed out at a party I threw in an illegal area. If a cop saw my car in the no parking area, I would have been in a ton of shit but on the other hand I didn't ask him to drive it drunk, I was passed out at another friends house a few miles away when he hit another person car which he owes money on.
Do you not have insurance?
Edit: ah, drunk. Nevermind.
Yeah, not only that if I called the cops and made a report or anything I would have went to jail, he would have and about 5 more pople.
Cheapest solution would be to go to one of the daytime court shows and file a suit against him. If you win the case, the show itself pays you so your friend doesn't have to be out any money, but it will be on his record that he lost that civil suit.
But yes, getting money from most friends is a big pain in the ass that doesn't end well. Theres a rare few that will pay back, but they usually don't borrow or do something stupid to owe the money in the first place.
But then I read the backstory. You should write that money off.
Yeah, I plan to get it in writing if I got items for the money but the biggest thing is I would feel kinda bad saying "Hey, let me get your game consoles and I will subtract some debt" Then he might get the feeling every time he buys something I can just be like, let me get that off of you.
Another thing is the estimate on my car is over a year old so I am sure how much it costs to get repaired has changed. Also, what shop do I use to do the work? The cheapest one or one that will do the work right?
Why do you say that? Because of good intentions?
The one that'll do it right, clearly. Improper repairs can leave your car in worse shape than when you gave it to them. basically, there's no way to fix a car cheaply.
yeah, I mean it sucked that he was drunk and fucked up, but you were drunk and fucked up too.. That's a 50/50 scenario. He's already paying one set of damages, you can't go to court on it, because for one thing most judges would throw it out since you were both hammered, or have you arrested (if that's possible, depending on the state). Other than a friendly agreement it sounds like you've got no claim to the money owed. I'd see if he is willing to part with some stuff and call it a day, but you'll be risking the friendship.
Yeah, in some way I have wrote it off already but it is hard to forget when you drive your car around for a year with dents all over it. If it was a game console that got destroyed or a computer, I would just buy another one and be pissed off but with a car it is always hard.