Non-repayment of Loan from Friend
A ''friend'' borrowed $4,000 so that they could pay their mid-year taxes in July of 2006 and promised to pay us back the end of August 2006.
This loan was a verbal agreement so we do not have any written proof that this was a loan.
It is now October 2006 and our ''friends'' have moved and are not communicating with us. Do we have any legal recourse in this case? If so, what would be our next logical steps?