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Posted
1 hour ago, scorecard said:

Easiest answer is 'I have very little cash, just enough to feed my family' and quickly change the subject. 

 

 

.. or quickly change the friend.

Posted
3 minutes ago, peterb17 said:

Apologies- I have only personal experience when suing a landlord for return of a 110,000 baht security deposit - ( was rather good - the landlord ( not Thai) still refused to pay and the court was not happy and threatened arrest and deportation- to be honest it would have been rather good to see his arrogant French arse being escorted to the plane . 

They only awarded the court costs ( 5000) - not the considerable lawyer’s fees

In your case he had assets , so it’s different ball game. But when there is no assets, nothing can be done.

  • Like 1
Posted (edited)

Many Thais mistake  the difference between lending and giving !  Put it down to experience you have been caught like most others !

Edited by Lucky mike
Posted

Not enough to have a receipt that he received the money. (It could have been a gift) You need

a loan agreement with an interest amount and repayment schedule. 

Posted
2 hours ago, smotherb said:

I find a lot of farangs asking for money. No matter who it is, never lend money. If it is your parents, your siblings, your children or even your best friend; however, if you want to, just give it to them. The ones who really care will pay you back. Less heartache that way and you know who to not give money to again.

The world must be full of of an overblown effulgence of 'Farangs' where you live-astonishingly so...A bit like those thousands causing traffic accidents in the kingdom (nothing to do with 30,000 Thais slaughtered by their fellow countrymen)

 

Otherwise..never trust a Thai to pay you back as any repayments are like winning the lottery.

Posted
2 hours ago, nycjoe said:

Loaning money is putting a down payment on a resentment. 

Well said.  In addition, never loan more money than you are willing to part with.  Assume it is a gift and go from there. 

Posted
3 minutes ago, connda said:

Well said.  In addition, never loan more money than you are willing to part with.  Assume it is a gift and go from there. 

I never had problems back home with people not paying back, thailand on the other hand I never had anyone pay any money back .

 

those who borrow in Thailand have no way to repay as they have no jobs so outcome is almost certain 

Posted
2 hours ago, NextStationBangkok said:

When i enquired, Lawyer's fees is Baht.6000/Hour. One have to think it is good idea to pay for lawyer or get rid of that amount ...

 

There was a British guy interview in BBC. Please check that. OMG!

Can you post a youtube link for the interview ?

 

Posted
39 minutes ago, Lucky mike said:

Many Thais mistake  the difference between lending and giving !  Put it down to experience you have been caught like most others !

There's no mistake, it's deliberate and they know full well what they're doing.

 

They do it to each other all the time. I've heard plenty of stories about Thais borrowing money from each other.

 

 

  • Thanks 1
Posted
2 hours ago, scorecard said:

Easiest answer is 'I have very little cash, just enough to feed my family' and quickly change the subject. 

 

 

Yeah, but that would be dishonest; unless you really had no more than that. "I don't lend money." Sure stops the askers.

Posted
9 minutes ago, smotherb said:

Yeah, but that would be dishonest; unless you really had no more than that. "I don't lend money." Sure stops the askers.

Not in my experience. 

Posted
50 minutes ago, Odysseus123 said:

The world must be full of of an overblown effulgence of 'Farangs' where you live-astonishingly so...A bit like those thousands causing traffic accidents in the kingdom (nothing to do with 30,000 Thais slaughtered by their fellow countrymen)

 

Otherwise..never trust a Thai to pay you back as any repayments are like winning the lottery.

I'll say it simpler for you. Not just Thais, there are plenty of farangs asking for handouts. Where I live, mostly Asia for the last 50 years. However, for a few of those years I was in the US, was asked for money there too.

  • Like 1
Posted
On 8/20/2018 at 6:04 PM, The Deerhunter said:

Well:  The police may care if you pay them enough, but strictly legally it is probably a civil matter.  You and he had an agreement. He did not steal it or force you to give it to him.  He now chooses to not keep the agreement.  Not a simple police/crime thing.  Hope it wasn't too much.  Lots of Thais are irresponsible with money, especially when it came from a "rich" farang.  (All Farangs are seen to be rich.)  Try not to do it again.  It frequently (but not always) does not turn out well.  Good luck.

So you turn a hard luck story into an excuse for a thai bashing exercise.

Yet another who cant resist insulting and disrespecting the native population of the country who has graciously allowed him to reside here.

If you were in good old back home hpw would you feel if immigrants were rubbishing their new country?

Disgraceful

  • Like 1
Posted
9 minutes ago, smotherb said:

I'll say it simpler for you. Not just Thais, there are plenty of farangs asking for handouts. Where I live, mostly Asia for the last 50 years. However, for a few of those years I was in the US, was asked for money there too.

Sure.

Thank you for your intention to set the record straight.

Posted (edited)
58 minutes ago, Expatthailover said:

So you turn a hard luck story into an excuse for a thai bashing exercise.

Yet another who cant resist insulting and disrespecting the native population of the country who has graciously allowed him to reside here.

If you were in good old back home hpw would you feel if immigrants were rubbishing their new country?

Disgraceful

It was a farang not a Thai. ?

Edited by Spidey
Posted

How long ago did you lend him the money ? If it was less than 3 months ago it would be to your benefit to report the matter at the police station, and get the official report. It would not cost a penny to do this.

Posted

Consider a loss and a lesson learned!  Not worth the time unless it is a huge huge amount and sadly no such thing as small claims court.

I was once told in a situation you be better off if it bothers you to just pay a few Thai guys to speak to him nicely?  than waste your money going to court.

Next time and there shouldn't get something in return of value before lending money out.?

Posted
2 hours ago, Expatthailover said:

So you turn a hard luck story into an excuse for a thai bashing exercise.

Yet another who cant resist insulting and disrespecting the native population of the country who has graciously allowed him to reside here.

If you were in good old back home hpw would you feel if immigrants were rubbishing their new country?

Disgraceful

Read it again.  With considerable experience including current loans to family, I would not change a word.  This country is such a low income zone that regardless of intentions to pay back money borrowed, the reality is that most barely earn enough to eat.  No savings or insurance or holidays for many.  This is why hundreds of thousands of "Thaksin loans" are rolled over each year.  Some of my extendef family members have to borrow the interest payments each year and some will die owing that money and some of them will lose land held by banks in security.  Most Thai never possess enough money to even learn good financial habits.  We support and even employ cousins and assist wherever possible but it is like draining the ocean with a teacup.  The need to borrow is great but the capacity to honour intentions or commitments is lacking.  BTW. Someone pointed out that the OP is vague but probably lent that money to a non-Thai!!!!

Posted (edited)
7 hours ago, jvs said:

Did the OP mention this guy was Thai?

Too funny. Everyone is assuming the recipient was Thai. I've lent a couple of Thai friends money and have always gotten it back. There's a farang hanging in my neck of the woods who owes thousands to other farang. No one is hopeful they'll get the return of their money.

Edited by duanebigsby
Posted

One rule that I live by is  NEVER lend money to anyone. I used to give some money to beggars but I stopped a long time ago because it just creates more of them, you can see many stories of beggars who finish work (begging) and go home in their car to their nice home.!!

Posted (edited)
21 hours ago, possum1931 said:

Yes, but not if he's a Thai. 

 

Invite him to do some rock climbing and don't forget the can of oil hahaha

Edited by ScotBkk
  • Haha 1

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