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12/31/08, 6:25 pm

Legal Question

debt collection law

I secured a loan for a friend for 25000 dollars. We had a verbal agreement that he would pay off the loan. He has failed to pay.

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Re: debt collection law A letter from an attorney sometimes does the trick, and also accomplishes a number of other thin...

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Answered By:

Daniel Bakondi

Re: debt collection law You can file a lawsuit against your soon-to-be ex-friend. However, he might file for bankruptcy ...

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Answered By:

Robert F. Cohen

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