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In Aug, 2006 I lent $8500 to a friend and his wife at 6.5% payable over 39 months. I have a signed contract, signed by the friend and his wife. After 8 payments they stopped making payments and will no longer respond to requests for payment. With accrued interest the open balance is about...
In Aug, 2006 I lent $8500 to a friend at 6.5% payable over 39 months. I have a signed contract, signed by the friend and his wife. After 8 payments he stopped making payments and will no longer respond to requests for payment. With accrued interest the open balance is about $7800.
Should I...
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