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I invested money with a friend with the return date being 6 months. It was £20,000.
We had a contract stating that he would return the money in 6 months.
He did not return on the contractually agreed date and asked for an extension of 10 weeks and gave a post dated cheque. When the time came to pay he asked for another month.
This time he gave an email from his solicitor (his solicitor is not registered on the law society or bar council website) saying that he will have funds in his account on a certain date. The time to pay has come and gone and he is not returning my calls. So I want to know how I would go about recovering.
Also, he is a barrister but he is not registered on the bar council register- what action can I take against him?
Over the last 4 months, he has just had excuse after excuse and made numerous empty promises.
In the last 3 weeks he has stopped answering my calls and text messages.
This is the contract
The following is agreed between the Investor (name redacted) and Enterpreneur (name redacted):
Thanks very much for your help. Last part of the question I'm still curious about