Money Lending

How to approach a situation where a friend or family member is not repaying money you lent to them

March 11, 2023


If you lend money to a friend or family member and they fail to pay it back, it can be difficult. In such situations, you might want to approach the person and ask why they've failed to repay their debt. The right way to do this is by setting up an appointment with a lawyer who specializes in bankruptcy law so that both of you can have an honest conversation about what has happened and how best deal with it moving forward.

Don't make the situation worse.

It's important to remember that you don't want your friend or family member to feel worse. It's not worth the aggravation, especially if they're still repaying you.

If they are not repaying you and there has been no recent contact with them, then it is likely that they have lost their way in life and need some time away from each other. Don't make it worse by getting angry with them or threatening them; instead try being understanding and understanding that this may be difficult for both parties involved here. If possible, give some space for both of you so that one doesn’t come off as the bad guy here by making accusations or threats against him/herself.

Make a plan before you approach the person.

You can't just walk into a situation where a friend or family member is not repaying money you lent them and expect that they'll be able to pay it back. You have to have a plan in place before approaching them, because if they refuse to pay back what they owe, there may be legal consequences.

Try to reason with them.

You can be the most patient person in the world and still not want to deal with your friend or family member. But if you are going to approach them, it's important that you do so as calmly and politely as possible.

  • Explain how much money they owe you.
  • Try talking about how much time and effort it took for them to repay their debt, which may help them see why this is an issue for you.
  • Make sure that any emotional outburst isn't about showing off or angering them (and vice versa). Instead, focus on how disappointed and upset you are with their behavior—but not overly so because then they'll get defensive instead of listening!

Get legal advice if your friend or family member refuses to repay you.

If you are borrowing money from a friend or family member, and they refuse to repay you, it is important to get legal advice before taking any action.

You can contact a lawyer for assistance in recovering the money owing by contacting [insert name of firm].

Ask them why they've failed to pay back their debts, as well as how they plan on paying it back in the future.

The first step to dealing with a friend or family member who owes you money is to ask them why they have not paid back what they owe. They may have been in financial trouble and are unable to do so. If this is the case, then you should offer your help in providing them with money or resources so that they can continue paying back the debt.

You should also ask how long it will take before your friend pays off their debts and what type of payment schedule he/she has set up for himself/herself (such as monthly). This will allow you to determine whether or not there's any point where he/she could pay more quickly than expected; if not then maybe there's something else going on at home that needs addressing before anything else takes place here!

Be prepared for the conversation with their refusal to pay

When you meet a friend or family member who refuses to pay back the money they owe, it can be difficult to know what to do. It's important that you're prepared for their refusal, because the situation may get worse before it gets better.

You might find yourself asking yourself questions like: "How much longer will this go on?" and "What should I say next?" Let me tell you that there is no one-size-fits-all answer here! But there are some general guidelines on how best to handle these situations:

  • Be prepared for the conversation with their refusal (or lack thereof). If someone hasn't made any attempts at repayment in months or years, then chances are good that they won't suddenly start paying up now just because we ask nicely (or even threaten them with legal action). This means having some options ready beforehand so when things go south during those inevitable conversations about money owed between two friends/family members--you're armed with ammunition!

Set up an appointment with a lawyer who specializes in bankruptcy law

If you feel that the person is not repaying you, there are two options to consider. The first is to file for bankruptcy yourself, which will involve working with a lawyer who specializes in this area. This can be done through an online service like LegalZoom or Rocket Lawyer. Your lawyer will help you make the decision as whether filing for bankruptcy would be beneficial for your situation; if it doesn't seem like a good idea at this point, then he or she may still be able to get your friend or family member into counseling before making any final decisions about how best to proceed with their debts!

If filing for bankruptcy seems like an option worth pursuing—and especially if it's something that might help out those closest members of your life—then contact one of these companies immediately! They'll have plenty of resources available at no cost whatsoever (aside from possibly some initial consultation fees).

It's important to remember that sometimes people don't pay back money they borrow.

It's important to remember that sometimes people don't pay back money they borrow. This is a difficult pill to swallow, but it happens. When someone doesn't repay what you loaned them, it can be hard for two reasons:

  • You feel like you've been taken advantage of and want some kind of justice
  • You worry about getting caught in a legal situation if your friend or family member refuses to repay you

Next time you borrow money use legitt

Legitt is a video agreement platform that allows you and your friend or family member to make an agreement on the spot. This means that both parties agree to terms directly, using legitt's proprietary software.

Legitt provides an easy-to-use interface where you can create a video contract in minutes without any legal expertise or background knowledge of technology. This allows users to sign agreements as quickly as they would if they were drafting them by hand, which is especially beneficial when dealing with someone who may not be familiar with legal jargon or tech jargon.


As you can see, there are many different ways to approach a situation where a friend or family member is not repaying money they owe you. You should be careful not to make things worse than they already are, but at the same time it's important not to stop trying and help them pay back what they owe. Remember that there may be other reasons why your friend or family member has failed to pay back their debts such as illness or unemployment etc. If all else fails then seek legal advice from an experienced bankruptcy lawyer who knows exactly how such cases work and what options they offer

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