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can i able to recover the money


20-Jun-2025 (In Recovery Law)
"Five years ago, I gave a sum of money to someone in cash as a personal loan. Unfortunately, I do not have any written proof, bank transaction, receipt, or acknowledgment of the amount given. There has been no repayment or communication from their side since then. I would like to know if there is any possible legal remedy to recover this money now, after five years, and if any alternate legal or traditional options are available to initiate recovery."
Answers (1)

Answer #1
530 votes
Yes certainly, we can try to recover money from the one to whom you have given five years ago. We can serve a Legal Notice to the person and can later do Mediation in the matte to get the recovery done.
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