misterphil Posted September 16, 2015 Share Posted September 16, 2015 (edited) If its an illegal loan then it will have to be collected illegally. Do you really think that TV members on here will tell you who to use to collect the debt? <snip> Edited September 17, 2015 by Jai Dee Flame deleted Link to comment Share on other sites More sharing options...
manarak Posted September 16, 2015 Share Posted September 16, 2015 (edited) 2,000.00 GBP = 110,954.18 THB Surely there'd be someone who'd recover that on 50/50 deal, but the likelihood of the conman still having the money to give is probably remote at best, and whoever would still have to cover the collection/bashing bill. Nope... recovery is the original debt, plus the legal interest plus any justifyable costs incurred in the recovery. The first thing is to write the debtor a letter with registered mail, then a second one, then get a payment order issued, then go into recovery, including all costs. Edited September 16, 2015 by manarak Link to comment Share on other sites More sharing options...
NeverSure Posted September 16, 2015 Share Posted September 16, 2015 Well, that is the old fall back position in Thailand. Don't push him. He will kill you. I simply cannot live my life in fear of the Cretons. That is exactly what they are hoping for. They are not going to get that fear out of me. Not gonna happen. Soooo... That's what you'd like to have engraved on your headstone... Link to comment Share on other sites More sharing options...
Whyamiandwhatamidoinghere Posted September 16, 2015 Share Posted September 16, 2015 If the loan was obtained by fraud you and anyone else should file a complaint with the police in each province he has done this in. There is power in numbers. Hopefully multiple complaints will be his downfall. Link to comment Share on other sites More sharing options...
Whyamiandwhatamidoinghere Posted September 16, 2015 Share Posted September 16, 2015 Gimme and Loanme died when I stopped believing in Santa Claus and The Tooth Fairy. Maybe that's why I don't have friends in Thailand. Link to comment Share on other sites More sharing options...
Nemesis7 Posted September 16, 2015 Share Posted September 16, 2015 2000 USD isn't worth putting yourself in danger here in Thailand that's my personal opinion. Link to comment Share on other sites More sharing options...
amccbkk Posted September 16, 2015 Author Share Posted September 16, 2015 If its an illegal loan then it will have to be collected illegally. Do you really think that TV members on here will tell you who to use to collect the debt? <snip> No I don't think that, nor did my post or any subsequent responses give any indication I was looking for that sort of information. Link to comment Share on other sites More sharing options...
arfurcrown Posted September 16, 2015 Share Posted September 16, 2015 Often it is cheaper and less stressful to give as opposed to lend. The borrower is a professional con man and in truth you've more chance of success in setting up a roast beef sandwich stall at a vegan fair than recovering the money. Link to comment Share on other sites More sharing options...
Sharp Posted September 17, 2015 Share Posted September 17, 2015 Sell the dept to a local dept collector.. Normally works out at 60/40 in their favour... Link to comment Share on other sites More sharing options...
spidermike007 Posted September 17, 2015 Share Posted September 17, 2015 Well, that is the old fall back position in Thailand. Don't push him. He will kill you. I simply cannot live my life in fear of the Cretons. That is exactly what they are hoping for. They are not going to get that fear out of me. Not gonna happen. Soooo... That's what you'd like to have engraved on your headstone... If that is what it takes, absolutely. Living ones life in fear of the Cretons is just not something I am willing to do. I will push back as far as I can, without putting the lives of my family and myself at extreme risk. Most of the time, the threats of the buttheads is bluster. Sometimes it is real. One has to use ones own judgment, without being cowed into absolute submission, as that is what the thieves, fools, crime lords and dicks expect. Link to comment Share on other sites More sharing options...
DLock Posted September 17, 2015 Share Posted September 17, 2015 First things first. Does your "friend" have a contract of the debt, signed by the Loaner and Loanee and witnessed? If he does not even have this level of documentation you can forget police, courts, selling the debt, debt collector or any other pseudo-legal means of collecting. If he does, then he has some avenues for collection. What does he have? Link to comment Share on other sites More sharing options...
fitnesspm Posted September 17, 2015 Share Posted September 17, 2015 My parent's told me at a very young age "NEVER LEAD MONEY TO ANYONE." It will destroy your friendships and most of the time you will NEVER get it back! Link to comment Share on other sites More sharing options...
spidermike007 Posted September 17, 2015 Share Posted September 17, 2015 2,000.00 GBP = 110,954.18 THB Surely there'd be someone who'd recover that on 50/50 deal, but the likelihood of the conman still having the money to give is probably remote at best, and whoever would still have to cover the collection/bashing bill. Nope... recovery is the original debt, plus the legal interest plus any justifyable costs incurred in the recovery. The first thing is to write the debtor a letter with registered mail, then a second one, then get a payment order issued, then go into recovery, including all costs. Bad advice. Why? Because a guy like this cannot be pursued with legal remedies. What are you going to do get a judgment against him? How are you going to collect on that judgment? In some situations legal remedies are the last place you want to go. A guy like this will only respond to pressure. He will find legal pursuits to be amusing. Link to comment Share on other sites More sharing options...
manarak Posted September 17, 2015 Share Posted September 17, 2015 (edited) 2,000.00 GBP = 110,954.18 THB Surely there'd be someone who'd recover that on 50/50 deal, but the likelihood of the conman still having the money to give is probably remote at best, and whoever would still have to cover the collection/bashing bill. Nope... recovery is the original debt, plus the legal interest plus any justifyable costs incurred in the recovery. The first thing is to write the debtor a letter with registered mail, then a second one, then get a payment order issued, then go into recovery, including all costs. Bad advice. Why? Because a guy like this cannot be pursued with legal remedies. What are you going to do get a judgment against him? How are you going to collect on that judgment? In some situations legal remedies are the last place you want to go. A guy like this will only respond to pressure. He will find legal pursuits to be amusing. easy. following a legal process is the key in establishing your legal right to collect the debt and especially the amount of the debt (meaning including eny interest and legal costs you may have had in the process, as well as announcing further costs should the debtor not pay), which opens the road to debt collection / seizure. So even for just 500 USD debt, one can easily collect 2000 or 3000 USD if these were the costs necessary to recover the 500 USD. Don't let scammers, cheaters, liars get away with anything. Even for a 300 USD debt, if the debtor has a car, seize the car and threaten to auction it off if the debtor doesn't pay. Edited September 17, 2015 by manarak Link to comment Share on other sites More sharing options...
CiaranO Posted September 18, 2015 Share Posted September 18, 2015 Not a chance getting the money back. Link to comment Share on other sites More sharing options...
spidermike007 Posted September 18, 2015 Share Posted September 18, 2015 (edited) 2,000.00 GBP = 110,954.18 THB Surely there'd be someone who'd recover that on 50/50 deal, but the likelihood of the conman still having the money to give is probably remote at best, and whoever would still have to cover the collection/bashing bill. Nope... recovery is the original debt, plus the legal interest plus any justifyable costs incurred in the recovery. The first thing is to write the debtor a letter with registered mail, then a second one, then get a payment order issued, then go into recovery, including all costs. Bad advice. Why? Because a guy like this cannot be pursued with legal remedies. What are you going to do get a judgment against him? How are you going to collect on that judgment?In some situations legal remedies are the last place you want to go. A guy like this will only respond to pressure. He will find legal pursuits to be amusing. easy. following a legal process is the key in establishing your legal right to collect the debt and especially the amount of the debt (meaning including eny interest and legal costs you may have had in the process, as well as announcing further costs should the debtor not pay), which opens the road to debt collection / seizure. So even for just 500 USD debt, one can easily collect 2000 or 3000 USD if these were the costs necessary to recover the 500 USD. Don't let scammers, cheaters, liars get away with anything. Even for a 300 USD debt, if the debtor has a car, seize the car and threaten to auction it off if the debtor doesn't pay. Do you have experience with this process in thailand? What are the costs? Does the court assist in the collection of that debt? Will they levy a judgment on his salary or his home? That is my point. I doubt it an effective process here. Best to apply real pressure. The courts here are pretty weak. Edited September 18, 2015 by spidermike007 Link to comment Share on other sites More sharing options...
balo Posted September 18, 2015 Share Posted September 18, 2015 (edited) Imho a farang lending money to other farangs in Thailand must be plain stupid. Give it to your wife instead , at least you'll get "something" back. Edited September 18, 2015 by balo Link to comment Share on other sites More sharing options...
DeaconJohn Posted September 18, 2015 Share Posted September 18, 2015 Not a chance getting the money back. There may be a chance, but it's a very slim one. For this amount of money, going through the courts can be ruled out immediately if you consider your time to be of any value. Doing it illegally by getting involved with underworld debt collectors shouldn't be an option for anyone with a brain. The macho nonsense that has been posted on this thread is ludicrous Link to comment Share on other sites More sharing options...
Nomyai Posted September 18, 2015 Share Posted September 18, 2015 try this guyimages (1).jpg looks like he's otherwise engaged. Ebj4Iiy-1.jpg Dogs wife is scarier looking than he..................hahahaha. Id pay up. Link to comment Share on other sites More sharing options...
Nomyai Posted September 18, 2015 Share Posted September 18, 2015 try this guyimages (1).jpg looks like he's otherwise engaged. Ebj4Iiy-1.jpg Dogs wife is scarier looking than he..................hahahaha. Id pay up. Link to comment Share on other sites More sharing options...
Nomyai Posted September 18, 2015 Share Posted September 18, 2015 Imho a farang lending money to other farangs in Thailand must be plain stupid. Give it to your wife instead , at least you'll get "something" back. Like what? Link to comment Share on other sites More sharing options...
tamsloon Posted September 18, 2015 Share Posted September 18, 2015 (edited) I was in a similar situation recently, I passed the word that I would use a Thai to retrieve the debt if it wasn't paid , I got the money back shortly after,I will think carefully about helping so called friends again. 100.000 baht was the sum involved. Edited September 18, 2015 by tamsloon Link to comment Share on other sites More sharing options...
Craig krup Posted September 18, 2015 Share Posted September 18, 2015 Lending money of any significance to a foreigner here is basically saying goodbye to it, but it is collectible through the right channels with perseverance a lot of it!!. If the amount was 20,000 + I'd say go for it, but for 2,000 I'd let it slide, even if it is a matter of principle and learn a lesson. You could always send for Dog the Bounty Hunter. This is quid we're talking about? A hundred thousand baht? I don' think too many people would want to walk away from two large. Link to comment Share on other sites More sharing options...
fey Posted September 19, 2015 Share Posted September 19, 2015 The sad reality is that if your naive enough to loan it, your not apt enough to collect without getting into deeper trouble. Could even be a scam with your friend in France. Who knows why they are after the guy. Just dont get involved with this sort of stuff on foreign soil. You could find yourself setup with drug raps, all kinds of crap. Don't get involved. Link to comment Share on other sites More sharing options...
itsmylife Posted September 19, 2015 Share Posted September 19, 2015 Here some ideal for you Link to comment Share on other sites More sharing options...
Stradavarius37 Posted September 19, 2015 Share Posted September 19, 2015 So many experts - staggers the mind Link to comment Share on other sites More sharing options...
balo Posted September 19, 2015 Share Posted September 19, 2015 Imho a farang lending money to other farangs in Thailand must be plain stupid. Give it to your wife instead , at least you'll get "something" back. Like what? Sex Link to comment Share on other sites More sharing options...
exsas Posted September 21, 2015 Share Posted September 21, 2015 documentary about farrang scammer in Thailand worth watching Link to comment Share on other sites More sharing options...
RolandRat Posted September 21, 2015 Share Posted September 21, 2015 How many ways to say the same thing over and over again, ......answer.....3 pages full it would seem. Link to comment Share on other sites More sharing options...
JohnnyJazz Posted September 21, 2015 Share Posted September 21, 2015 ^^ Whenever an "investment company" was calling me, I used to answer "I'm glad you called, I'm working on a new project and I'm looking for investors" or any other story that goes through my mind at the moment but always I need to borrow money, can they help me. They are a financial company after all. They never call me back ;-) Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now