Post regarding loans.

[pearlmen]

After reading some of the comments and response of OP, I still feel the cost that will be incurred in getting the debt will be more than the amount itself. Looking at a scenerio of even a defaulter in my country in which the cost to transport to his side is already high, aside that even if he is so close by, how do I make him pay? By threatening him or arresting him, or beg him?

[Quickseller]

how do I make him pay?

Legal means may include
 

• contacting the borrower via telephone and/or mail to advise of the amount due, remind him of his promise to pay, and ask for payment
• Getting judgement against the borrower, and subsequently enforcing said judgment
• Contacting the borrower and reminding him of potential negative ramifications of not paying
• Negatively reporting the debt to credit bureau
• Negotiating a payment plan with the borrower so the debt can be repaid over time

[Pearls Before Swine]

OP, call me crazy but even though you can disavow any knowledge of your henchman's methods of collection, I think you'd still be responsible for whatever he does.  Breaking fingers, kneecaps, extortion, etc.  At least in most civilized countries, this is likely the case I think, though IANAL by any means.  And given how global bitcoin is, it's going to be extremely difficult to find a debt collector willing to service your particular needs.  Good luck though.

[MostafaGamal]

send me the details . thank you

[milewilda]

What an interesting job but somehow impossible to get those unpaid loans for sure. If OP himself cant even get those funds back then expect the same thing for the worker but still depending if those borrowers would be on the same country or place by the worker for this thing might possible to get those money but if not then its useless.Interested to see debt collectors here Goodluck op on finding one and get those unpaid loans back.

[mrayazgul]

What an interesting job but somehow impossible to get those unpaid loans for sure. If OP himself cant even get those funds back then expect the same thing for the worker but still depending if those borrowers would be on the same country or place by the worker for this thing might possible to get those money but if not then its useless.Interested to see debt collectors here Goodluck op on finding one and get those unpaid loans back.

But, once you find the person, if they are constantly seeing your new 'clients' and watching them more closely then perhaps future debts will be more easily recovered.

[ultrloa]

What an interesting job but somehow impossible to get those unpaid loans for sure. If OP himself cant even get those funds back then expect the same thing for the worker but still depending if those borrowers would be on the same country or place by the worker for this thing might possible to get those money but if not then its useless.Interested to see debt collectors here Goodluck op on finding one and get those unpaid loans back.

But, once you find the person, if they are constantly seeing your new 'clients' and watching them more closely then perhaps future debts will be more easily recovered.

But how could he recover it if the barrower has flee away? Do you think there's any way to sue them for this thing? Since I believe its pretty hard to embarton them since we are almost anonymouse here even if we have dox of several people but still do you think we can go to that place and ask him to pay what he owe to us remember there's no people goes to jail for not paying on their debts and maybe its time to move on if people are showing some signs on evading on it.

[cpfreeplz]

how do I make him pay?

Legal means may include

• Contacting the borrower and reminding him of potential negative ramifications of not paying

Which usually backfires and they say go ahead because they know it will cost you more to sue them or report this to the credit bureau than the debt was. But yes of course it's legal to say they'll be in some short of crap if they don't pay. I find most people respond better to empathy and setting up a reasonable payment plan. Ask why they weren't able to pay. Bitcoin prices went up? Well then see if the OP is ok with settling with previous bitcoins rates rather than having nothing. These are all legal options.

I just thought. If the rates are over 60% APR then it's loan sharing in Canada and legality wouldn't matter because you're charging an illegal amount of interest. Assuming you have anyone in Canada and the amount of interest isn't above 60% APR I could look into this for you. I don't know much about the USA or Europe though so I can't help with that.

So if someone borrowed 5BTC for a month and you expected 6BTC back I'm not able to help.

http://mcmillan.ca/mobile/showpublication.aspx?show=100312

[Text]

But how could he recover it if the barrower has flee away? Do you think there's any way to sue them for this thing? Since I believe its pretty hard to embarton them since we are almost anonymouse here even if we have dox of several people but still do you think we can go to that place and ask him to pay what he owe to us remember there's no people goes to jail for not paying on their debts and maybe its time to move on if people are showing some signs on evading on it.

You are right, I got you. That is what I want to say and ask too. I think so that we can no longer chase the borrower that already fled away because of being anonymous.

[Rhosadah]

Confusing when you borrow bitcoin rate is decreasing will you pay it when its rate is going up without raising the price on the bitcoin,
And really very extreme to play savings and loan on bitcoin because its price up and down

[Jacob211]

I think It's really hard to find out the debtor.

[Oralmat]

Hi,
I am in search of a debt collector.

Payment will be between 0.05 BTC to 0.2 BTC.

You will be given all details I can get about an online personality and you will get payment if you get the debt back.

Debt may be between 5 BTC to 0.1 BTC.


Edit: Rank or anything else does not matter. Only that you are able to get back the debt.
You are not allowed to tell me your methods.

I will be in need of you in the future.

That is a tough racket.  As you know, once the funds have been sent it is a hard road.  I know a person that could get started and I had him send you a message.  It is very likely that, if there is more than one person, that the debt of some of them may be gone forever.  I suggest that you work with the person and allow them some access to your future dealings, nothing personal.