owed money

[catcuddler]

i have proof of money a friend owes me on my fone in the form of txt message.i have been promised the money back but they are dragging their feet.if i was to issue court procedings would the txt be proof.basically it says the amount in full and i will get it back on such and such a date.i was gonna say you have til the end of the month.the person hasnt said i wont get it back but like i say its not forthcoming as yet
basically what i want to know is
is the txt message proof as its written down but no signature obviously?
how do i broach the deadline subject as i can b quite passive
all advice greatly received
TIA
p.s. would take a load off my mind if u can tell me:-D

[catcuddler]

i have been promised it will be paid back and i am not 100% sure i wont but not 100% sure i will.should i say you have til the end of the month for example and thats it and should that be done in writing.i dont think hes out 2 fleece me as such as he admitted in the txt he owes i just wanna hurry it up with xmas on the way.any other ideas?

[CheekyChops]

Yeah, forget about it for the time being and plan christmas without this money. If you get it back in time - bonus. I wouldn't depend on it though.

[factor-fiction]

It depends also on the amount involved- how much are you owed? If it's a few hundred pounds it may be worth pursuing; if it's less than �50 I'd suggest it's not worth it.

[Paul87]

no case in my opinion

In law the only documents that matter are the written ones.

Verbal or otherwise dont really cut it in a court room

[factor-fiction]

Not sure I agree with Paul, especially if the borrower doesn't deny that the borrowed the money . But it would help if we knew the amount involved

[sara3]

if he's just dragging his heels, and not actually refusing to pay up, tell him you need your money back now. send him a text saying you'll be over tomorrow to pick it up and set a time. if he doesn't have it on him, tell him you'll give him a week and then you will look at your legal rights. make it clear that he has YOUR money, YOU did him a favour but now YOU need it yourself. say it like you mean it!

it's a bit vague but I don't see you as the type to go for a heavy-handed approach.

best of luck :o)

[catcuddler]

thanks all for your answers.its for several hundred pounds i was a fool 2 lend it i know.if it was less than �100 i would say sod it its not worth it.thats what i am planning to do.the person has assured me i will get it back but theres still some doubt.i have been assured i will get part payment early next week so fingers crossed.in the meantime would it be wise to write down what is owed and get us both 2 sign it just for my own piece of mind?.if i dont recieve any payment i will put in bluntly that they have my money i lent it to them in good faith and i need it back.your right sara i sometimes wish i was the oi mate give it back or else kinda person but i'm not sadly.as the person admits they owe it to me i dont think they are out to fleece me but u can never be certain
any other advice greatly recieved
p.s. i will never lend any1 another penny piece

[catcuddler]

would bounced cheques be proof?

[factor-fiction]

If he says he can't pay you back immediately you could try agreeing a payment schedule and then documenting it and getting them to sign it. Maybe �50 a week for the next few weeks. That way even if he defaults you will have written evidence of the debt

[Ethel]

Bounced cheques are excellent proof of an intention to receive payment.

[catcuddler]

thanx ethel thats a huge weight off my mind.i will wait and c if payment materialises nxt week if not i will get firm.thanx 2 every1 else too ;-D

[catcuddler]

any other ideas?i am tempted to kick off and make threats but i know its not the answer.the person is still being so nice thats the prob and still admits to the debt
any1 got a magic wand lol

[Paul87]

A text is not a legal document

[catcuddler]

its still written proof and i have bounced cheques