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Friend not returning money what can I do.


06-Dec-2023 (In Recovery Law)
I gave some amount of money to my known person but now he refused to return me back the money. He is saying do whatever you want to do I will not return it back. I have only video clip recording in which he is accepting that he has borrowed money from me. Plz suggest what steps should I take.
Answers (3)

Answer #1
728 votes
First you should hire a lawyer and tell him to send one legal notice to the person whom you have given the money. the legal notice should be send on your behalf by your lawyer. That legal notice should contain such aggressive language and legal clause that compels him to pay your money back.
Answer #2
805 votes
Take first step I.e to have a legal notice issued to ur friend and demand payment. Though. It is not mandatory but should be issued to examine the stance which ur friend would take.
However, ur friend may choose not to reply to the legal notice.
In case, if your friend do not pay, a recovery suit may be filed basis whatever u have as evidences
Answer #3
931 votes
Dear Sir/Mam,
The first step would be to send a legal notice to the person concerned and see if the opposite party complies with you or not. If this does not work you can always file a suit for recovery.

Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.

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