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In case a person owes you some amount of money and has not returned it with interest or no interest, it is time that you remind him of it. It is very important to see that you have some kind of a documentation which states that you are lending some amount of money to a person. You need to take that person's signature on it and also note down the date by which he would have to pay the principal amount back to you.
In case the due date passes and the person still does not pay the money, you will have to make a written query about the same. You will have to save that copy as well. You are entitled to send three queries and if none of them are answered and you also get no calls from him, its time you thought about suing him.
You need hire a lawyer and tell him your case and the lawyer will make all the arrangements. The court will issue orders to the debtor and he will have to be present in court and therefore you shall receive your principal amount back.
In case the due date passes and the person still does not pay the money, you will have to make a written query about the same. You will have to save that copy as well. You are entitled to send three queries and if none of them are answered and you also get no calls from him, its time you thought about suing him.
You need hire a lawyer and tell him your case and the lawyer will make all the arrangements. The court will issue orders to the debtor and he will have to be present in court and therefore you shall receive your principal amount back.
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