Hello!
I received such a suggestion, rather interesting but I've never thought about that and never used it before. I'm talking about agreement. It reminds me the situation with marriage agreement, some people think that it's very reliable and it's needed for people not to be dealing with money affairs between people in marriage, but the other part is against, cause it's not morally ethic, as when you document your financial status and money affairs gives an idea this marriage won't prolong too much time, just before ahead you give a doubt to the marriage. The statistics shows us that those who did it, are more confident and the marriages are also strong, so it doesn't influence their relations. So what about the same situation as for lending money and loans, should we make it documented anyway? I think it's awesome. You are sure that you will get your money back according to the agreement.
Please, share your ideas;)
thanx

I don't lend money to family or friends. If they ask for it and I want to help them it is a gift -- never a loan.

It is really shocking how often people will ask friends for loans. I could never do that so it is very strange to me that other people would. The best answer is always to say no. Simply say that you are not liquid at the moment or just be honest and say you don't feel comfortable mixing a personal and business relationship.

As for how to get your money back now there is no good advise for that. Odds are it will cost you the relationship if you force it. Do you know if they can even pay you back?

Hi Everyone!

I decided to ask you for a help or for an advice in my difficult situation. It's not a secrete that the whole world is suffering from crisis, everybody is struggling to push his own fortune in the world.
Now i'm trying to start my own business. The problem is that i was kind enough to hand out all my funds i 'd raised )) My relatives had some financial problems. It is only natural that family members might want to help each other out by lending money if they are able.If you have ever loaned money to a family member and they failed to paid you back, you are undoubtedly familiar with my situation. Of course personal relashionships suffer from borrowing and lending of money between family members and friends. I'm constantly triggering a backflash!!! Now i'm tired of calling my relatives and ask them to give my money back, I feel myself being a tyrant!( It's ok when lending them, but not when getting it back. I've been working for 6 years trying to collect some money to open my own business but I'm still at the same point of beginner. What a...
Maybe somebody knows how to act in such situations and how to avoid them."You risk the relationship by saying "no",
but you are taking a big risk by saying "yes"
which is the best variant??" I don't want to get in debts, or to take a credit, i just want my money back. What should I do in such situation?