Send him/her a nice certified letter. In it, remind him/her of the existence and terms of the note. Also, confirm your verbal discussion of interest. Ask his/her intentions on repayment. Close with something like, "Unless I hear to the contrary, I will assume that you agree with the terms."
Be courteous, be polite. This letter may need to be used in court to confirm your prior understanding.
<BLOCKQUOTE><font size="1" face="Verdana, Arial">quote:</font><HR>Originally posted by MarshaQEB:
I live in Virginia. I foolishly loaned a freind money, which was to be paid back 6 months ago. I did get a very informal UIO written by him with a signature, but I'm afraid it won't be enough. I have numerous e-mail communications, but not sure they will be admissible. Also is there anyway to charge intrest on this money owed since it is so long overdue? He had verbally agreed to do this, but it was not written. <HR></BLOCKQUOTE>
------------------
Steve Halket
Judgment Recovery of Houston
[email protected]
-----------------------
This is my PERSONAL OPINION and is not legal advice! Consult your local attorney for your specific situation and laws!
