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Lending money to a friend how can I bind him legally to pay back


22-Feb-2023 (In Recovery Law)
I am lending money to my friend against his house, I need to know all legal prospective.
Answers (1)

Answer #1
528 votes
Get the agreement in writing by affizing proper stamp duty . In case your friend does not return money you may file a civil suit for getting your money back and remember one thing it's better to give money from account to account . It will be easy for you to prove the factum of loan in case your friend commits default.

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