My name is ***** ***** I am a NSW Solicitor. Thank you for your question, and will do my best to assist you with your question. Please understand this is not legal advise Please understand this is not legal advise but a guide to assist you.
Was there any agreement between you and the lender?
If you have not made any payments then they are out of time as they have 6 years to sue from the date the last payment was made. If not payment was made then the 6 years starts from the date the money was lent.
I believe they are out of tim.
I think that the debt has died with your friend.
I hope this makes sense and is of assistance. if there is nothing further
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