Loan to Friend

posted by XYZ

Dear Advisor,

I have given the amount as a loan to one person through one of my friend before six month ago.

I have took all terms and condition on paper also. but now is a playing to return the amount.

I am having written proof saying that loan amount, monthly interest with his civil ID and finger print also.

Hence I would like to get the advise for recover my amount.

Thanks....



Like 0   DisLike 1
Posted On 1/10/2019 4:13:40 AM by Ahmed Kumar

Hi,

Have you tried threatening him with been by the police?

Just threatening him and be serious when doing that then he will comply with you.

Posted On 1/10/2019 7:20:53 AM by Ben

never ever go to police station to complain because they will catch you and put you in the jail and lastly will deport you because this is Kuwait and you know that in this country it is haram. but if your proof documents stated only the amount he borrowed without interest, it is ok to complain and you can make travel van for him and maybe he can pay you immediately.

Or else make complain in india. . . . best of luck

Posted On 1/10/2019 10:19:57 AM by Intrigued

How is it haram in Kuwait when the banks here pay interest for deposits? Too high an interest may be illegal Sone people act smaet as if they know everything.

Posted On 1/10/2019 6:52:00 PM by Ben

To Intrigued . . .

Then go and you can try to complain and we will see what happened...

Posted On 1/10/2019 7:39:13 PM by Intrigued

@Ben-I'm not into loan giving or taking business. So for me there is nothing to conplain.

You seem to be in the loan business and want to discourage people from approaching the police. You won't succeed.

Posted On 1/11/2019 8:32:25 AM by Ben

To Intrigued . . .

Here I'm trying to help anybody as far as I know. only for those open minded and not ignorant like you. in her situation, weather you believe it or not that's the reality because in Arabic country they call it RIBA. I know you have many arab friends and what is RIBA then you will found out.

any comments I made, I never intend anybody to believe in me. as long as I am telling the truth.

I know you are not into that business but for your additional information.

Posted On 1/11/2019 12:00:53 PM by dhiru bhai

without delay go to court and file a complaint similarr happen to me and i got the in this case money back from courts never approach police u never solve ur issue police is for law n order only

Posted On 1/12/2019 7:47:14 AM by XYZ

Mr Dhirubhai

Thanks for advise...Pls give me your contact number for further details for the same.

Posted On 1/12/2019 9:17:34 PM by Rahul

DHEERU BHAI THANK FOR THE INFO HOW TO APPLY IN THE COURT PLEASE DISCUSS BECAUSE I HAVE GIVEN 15000 KD TO A PAKISTANI MAN FOR A BUSINESS BUT HE BRING POOR QUALITY EQUIPMENT WHICH CANT SALE HERE OR CANT USE ANYMORE BUT HE SAY HE WILL RETURN MY MONEY BACK BUT IT IS NEARLY 2 YEAR NOW AND HE WRITTEN ON HIS CID PAPER AFTER I THREATEN HIM TO GO POLICE I HAVE EVIDENCE ONLY THAT CID WRITTEN PAPER BEFORE I GAVE HIM MONEY WITHOUT ANY PAPERS,,, WRITTEN PLEASE ADVISE ME ......I AM SO DEPRESS BECAUSE OF THAT MONEY.

Posted On 1/13/2019 12:10:18 AM by ayyLMAO

If interest is mentioned in your proof document you will be in trouble as it is against the Sharia law. Your so called "proof" is as good as toilet paper. There is a separate piece of paper for loans from individuals which is the only legally valid document. Moreover you have to ask this money from your so called friend who put you in this predicament.

Posted On 1/13/2019 12:11:43 AM by ayyLMAO

@Rahul

If you have 15000 KD to spend so recklessly im sure you can afford a good lawyer instead of asking in a public forum.

Disclaimer
All the content posted under the 'IIK Forum' are made by the readers of IndiansinKuwait.com, unless specified otherwise. IndiansinKuwait.com is not responsible for the opinions of the readers and the content posted by the readers are not representative of the views and opinions of IndiansinKuwait.com. IndiansinKuwait.com takes no responsibility for the views expressed in the discussion.
Posting complaints with name/address changed or anonymously not allowed. Those accounts will be banned.
No complaints may be posted while impersonating (acting as a different person).
For any complaints about any person, business establishment or an entity, you must leave your verifiable contactable address & phone number otherwise your post will be deleted. 
Forum does not allow you to post defamatory / malicious post against any person or an entity.
Topics of nature related to disrespectfully criticize, impersonate, include personal details of, make false/malicious claims about; or negatively affect any member,  person or entity will be removed We appreciate your help in keeping IIK Forum clean and a pleasant experience for our readers. Search the forum before you start a new discussion to avoid repeating debates.

Frequently read topics...

How to start a topic for discussion?
Its easy! Click here to post your topic.
You need to login, if you are not already logged into IIK. If you are not yet a member, you can register here.
How to read and reply an existing topic?
You can view an existing discussion by clicking on that topic title. When you are in a discussion, you can share you reviews and opinions by clicking on the REPLY button on that page.