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N Cal Attorney
N Cal Attorney, Attorney
Category: Legal
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Experience:  since 1983
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I loaned money to a friend for the second time. The first

Customer Question

I loaned money to a friend for the second time. The first time it was repaid within a reasonable time so felt safe in doing it again. However, I did not get a signed note and all I could show would be a cancelled check. It has been 14 months, a series of my attempts to get repayment by talking to him by phone, all to no avail. He acknowledges he owes it but says he can't pay. What recourse do I have?
Submitted: 26 days ago.
Category: Legal
Expert:  N Cal Attorney replied 26 days ago.

Thank you for your question.

If your friend will not sign an IOU, the usual remedy in this situation is to get a small claims court judgment, see​

I hope this information is helpful.

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