chillex8:
Is he truly your friend

If he is, keep the car and wait for him to payback.

P.S. A 2005 Mercedes S-class is worth over a million naira.

guymanDspecies:


He's my guy. We once placed a football bet of 15k years back and d guy ate my money without giving me some back out of pity even though I begged now d clown is begging for more time.

chillex8:


Like I said earlier, if he is truly your friend, you'll wait for him to payback.

If you sell the vehicle, you have lost a friend.

0rex:
Just sell the engine, transmission & control modules.













Just kidding. Please give him more time if you can.

guymanDspecies:


Chairman I fear initially. Thanks. If not for pouring my heart here almost sold the car, a serious buyer came around and wanted d car so I started nursing the idea. but guess i'll give him some time since am not really broke.

guymanDspecies:
I borrowed a friend #500,000 which he claimed was to execute an urgent business transaction and will pay with 50k interest in 2months. He dropped his Mercedes 2005 S-class as collateral. And there was a written IOU with a witness duely signed. Its 4months now and my guy have paid a dime and is begging for more time that d business didn't work out well. Please can I SELL THE car since me too I need cash. Sincere advice pls

organise a sham sale, call him to sign as a witness............... he will come with your money

GAZZUZZ:


organise a sham sale, call him to sign as a witness............... he will come with your money

GAZZUZZ:


organise a sham sale, call him to sign as a witness............... he will come with your money

GAZZUZZ:


organise a sham sale, call him to sign as a witness............... he will come with your money

guymanDspecies:
I borrowed a friend #500,000 which he claimed was to execute an urgent business transaction and will pay with 50k interest in 2months. He dropped his Mercedes 2005 S-class as collateral. And there was a written IOU with a witness duely signed. Its 4months now and my guy have paid a dime and is begging for more time that d business didn't work out well. Please can I SELL THE car ar since me too I need cash. Sincere advice pls

femi9naija:
Come park am for my house pending when he pays back. Make me use am cruise town small

guymanDspecies:
I borrowed a friend #500,000 which he claimed was to execute an urgent business transaction and will pay with 50k interest in 2months. He dropped his Mercedes 2005 S-class as collateral. And there was a written IOU with a witness duely signed. Its 4months now and my guy have paid a dime and is begging for more time that d business didn't work out well. Please can I SELL THE car since me too I need cash. Sincere advice pls

pek:
Oga, you are between the devil and the deep blue sea. Any action you take will backfire. What you have going for you is that it is documented. I always advice such. The truth is, you agreed to the transaction because of the interest you will make after two months. The decisions are entirely yours. No sentiments, what would he have done if the roles are reversed? There are three options here. Since the original two months have elapsed, you renegotiate for one or two more months. This is business. The other option is to try what GAZZUZZ suggested: a pseudo sell. But make sure you inform him on time. The last option is to sell the car! My candid suggestion is that you carry him along at every step. He must be present at all times. This option may look drastic but truth be told, it's your choice and you will be right. I have lost good friends that I lent money and they refused to pay.

guymanDspecies:


Thanks all I have negotiated a 2months extension with increased interest. My mistake was really d enticing interest now all I just want it my money. The new negotiation is not signed though.