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Reply To: Money owed by inlaws

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#169347
PearceHawk
Participant

Adrienne I could learn to be more patient from you. May I suggest that you send them a contract spelling out the terms of repaying the rest of the money. Send it registered of course. I would suggest adding to the contract a stipulation that renegging on their promise, or coming up with an excuse why they won’t be able to pay it this week or next will nullify the contract and a lawsuit will be filed. I hate to be a hard ass but if being one is what it takes to get that loan back then so be it. This may do some damage control on your relationship with them, providing they honor that contract. Should this come to fruition, I am confident they won’t ask you for a loan again. I don’t like having to get more assertive when it comes to asking for a loan back. You should NEVER HAVE TO ASK for payment. BTW what was his wife’s reaction when you expressed your being upset about their recent purchase? I would hope that they will acknowledge their responsibility of repaying you and avoid legal action. Unfortunately sometimes that is what it takes. I hope it doesn’t come to that either.

I appreciate the response you gave. I wish you much success not only in this but in all you do.

Pearce