Loan Recovery Legal Steps

****, that's a significant amount. To better assist you, could you let me know your location? Laws around loan recovery can vary by jurisdiction.

****, here's some general information:
- In Ohio, you can file a lawsuit to recover a loaned amount.
- Written agreements are stronger, but verbal agreements can also be enforced.
- You may consider small claims court for amounts up to $*,* or a higher court for larger amounts.
Do you have any written agreement or evidence of the loan?

****, having written evidence strengthens your case significantly. Here are your options:
- Small Claims Court: Since your amount exceeds $*,*, you would need to file in a higher court.
- Higher Court: You can file a lawsuit in a civil court to recover the money.
Would you like more information on the process of filing a lawsuit in Ohio?

Certainly, ****! Here's a simple sample of a legal notice you can send to your friend:
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[Your Name]
[Your Address]
[City, State, ZIP Code]
[Email Address]
[Phone Number]
[Date]
[Friend's Name]
[Friend's Address]
[City, State, ZIP Code]
Dear [Friend's Name],
Subject: Demand for Repayment of Loan Amount
This is to formally notify you regarding the repayment of the loan amount of $*,*, which you borrowed from me on [Loan Date]. According to our agreement, the repayment was due on [Due Date]. Despite my repeated reminders, the amount remains unpaid.
I request you to repay the full amount within 15 days of receiving this notice. Failure to comply will leave me no option but to initiate legal proceedings to recover the amount.
Please consider this as a final opportunity to settle this matter amicably.
Sincerely,
[Your Signature]
[Your Printed Name]
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Would you need any additional information on the next steps if the repayment isn't made?