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To recover loan amount from my friend.


09-Oct-2023 (In Recovery Law)
I bought a phone (value approx 300$) for my friend through my documents. He paid some EMI but after he's not paying anymore. What should I do in that case, is there any law which can help me to complete EMI? *I have conversations and call recording as proof in which he accepted his sins.
Answers (1)

Answer #1
627 votes
First of all rather than going legally you should serve him a legal notice and in that notice you can write that either pay my money or face legal action which will be at your own risk. After that if he fails to give you a satisfactory reply then you can anytime file a recovery suit in the court to claim your money back along with compensations.
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