What is the name of your state? Tennessee
A friend of mine owes me over $2000 and won't repay me.
He said the other day that if I don't continue helping him with money then I'll never hear from him again and he won't repay me anything.
After his business failed last year he couldn't pay his bills. I felt sorry for him and loaned him money over several months until he could get back on his feet. I've been helping him pay for his house/car/utilites and even his kids christmas presents.
He is supposed to repay $200 per month but has only made one payment so far.
His only income is from the military paying for him to go to college and from military disability payments (which is a scam). He goes to school for a few months and then when the disibility payment comes in he drops out, it's a regular cycle. His father is on 100% disability because he's a drunk and the government actually pays him because alcohol has rotted his brain.
His wife's income is from child support only and they live in a house her parents own. The only thing in his name are a few broken down cars.
He said I can't garnish his wages because they come from the government which are not even taxable, and that none of the money I loaned him was legally documented so he doesn't have to repay me anything and can get away with it.
He also took money from people when he knew his business was going under and scammed a relative out of money too.
He has already filled for bankruptcy twice and threatened his business advertisers that he would file again if they tried to collect what he owes.
After all the lies and unbelievable things he's said lately I'm ready to do something. It's not about the money, it's the principle.
Can I write up a promissory note and have a lawyer send it to him even though none of the loaned money is documented and this guy won't sign it?