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My neighbour won't give my money back

10:29am Thursday 1st November 2001


I write this letter to tell a cautionary tale for anyone who may be considering making a personal loan of money to a friend or neighbour.

Before you consider lending money, the very first thing to do is to draw up a repayment schedule, signed and dated by both parties.

This is considered a legal document and could be useful should any problems arise later.

I am writing this because I am in this situation myself.

A not inconsiderable sum of money is owed to me by a neighbour and despite letters and telephone calls, this person is totally ignoring me.

Hopefully this person will read this letter and realise how deeply I regret ever lending him this money without first have made proper arrangements.

Please publish this letter and maybe it will help other people to avoid making the same mistake I did.

B Maynard

St Johns Road

Erith

Kent

EDITOR'S CHOICE



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