MRBONG411 (OP)
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March 30, 2016, 01:13:46 PM |
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Not sure if this was the right section of the forum to post but if it is not I guess it will be moved. Awhile back I bought a 17BTC note on BTCjam and wanted to ask what would be the best way to try to collect. I have included the link below and I am user MRBONG411 the same as I am here. I have tried to contact Ravi through his facebook and other websites to offer him this note at a reduced price but he does not respond. If anyone has any ideas that would be great. Thanks https://btcjam.com/listings/1244
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"The nature of Bitcoin is such that once version 0.1 was released, the
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--Encrypted--
Copper Member
Legendary
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Activity: 924
Merit: 1007
hee-ho.
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March 30, 2016, 01:24:16 PM |
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If anyone has any ideas that would be great.
any ideas about what? the only thing you can do is wait and hope that the borrower will respond or repay the loan. if I'm not mistaken btcjam gives the borrower 90 days before they considers the loan as defaulted and do their thing. edit: oh. looks like it's way overdue.
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MagicIsMe
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Negative trust resolution: index.php?topic=1439270
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April 02, 2016, 10:12:58 AM |
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Your best chance in getting the money back is by praying. There's really no gurantee that he repays it and as you can see in his profile, in all 70BTC worth of loan, there were 15 late payments.
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V.Lace
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April 02, 2016, 10:36:36 AM |
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Also I heard Jam was giving fake arbitration awards as well, Jam site now is a big joke
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Joel_Jantsen
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Get your game girl
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April 02, 2016, 01:06:13 PM |
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His address and other stuff is verified .He is from India.If you want me to help you out ,provide me his details since I'm in India for now,I can play my cards.
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ElMoIsEviL
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★YoBit.Net★ 350+ Coins Exchange & Dice
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April 02, 2016, 01:51:06 PM |
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I am not sure if you have any legal option to recover the debt i may be wrong but do you sign any papers on Btcjam when you take out any loan?
And does it not depends on the country law in this case india anyway?
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ElMoIsEviL
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Activity: 182
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★YoBit.Net★ 350+ Coins Exchange & Dice
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April 02, 2016, 06:37:39 PM |
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Are you 100% that this is the guy you claim because posting someones facebook and claim he is a scammer is not serious you should post some stronge evidence about this claim
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monbux
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April 02, 2016, 11:22:39 PM |
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Also I heard Jam was giving fake arbitration awards as well, Jam site now is a big joke
Well... it was actually always a big joke. It is BIGGER, now.
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Vod
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Licking my boob since 1970
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April 02, 2016, 11:37:03 PM |
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If you have his real life information, file a report with RipOffReport
It ranks very high in search engines, and poor Ravi will have a hard time being trusted in the future.
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https://nastyscam.com - landing page up https://vod.fan - advanced image hosting - coming soon! OGNasty has early onset dementia; keep this in mind when discussing his past actions.
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ronaldinho_07
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April 03, 2016, 01:32:08 AM |
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Well the thing is the person documents may be from some other person soo i dont like btcjam because there is no garantee of receive any money ,soo you took a high risk at there and i believe its time to moove on and forget those thing.Consider you lost the coins ,go to police and well wait i dont know till where you can advance to recover the money invested.
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whywefight
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www.explorerz.top
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April 03, 2016, 04:18:54 PM |
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Not sure if this was the right section of the forum to post but if it is not I guess it will be moved. Awhile back I bought a 17BTC note on BTCjam and wanted to ask what would be the best way to try to collect. I have included the link below and I am user MRBONG411 the same as I am here. I have tried to contact Ravi through his facebook and other websites to offer him this note at a reduced price but he does not respond. If anyone has any ideas that would be great. Thanks https://btcjam.com/listings/1244may i ask why you bought it and what was the price of it?
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Laosai
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April 04, 2016, 12:16:56 PM |
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Not sure if this was the right section of the forum to post but if it is not I guess it will be moved. Awhile back I bought a 17BTC note on BTCjam and wanted to ask what would be the best way to try to collect. I have included the link below and I am user MRBONG411 the same as I am here. I have tried to contact Ravi through his facebook and other websites to offer him this note at a reduced price but he does not respond. If anyone has any ideas that would be great. Thanks https://btcjam.com/listings/1244Well, you should normally have access to the private data of the person no? That's the main point of using a service such as BTCJam! That means you can start a legal action. It's extremely easy if you're both from the same state or if you're both Europeans. If you're not... Well just go to the church and pray cause that'll be hardcore negociations!
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BTC-Joe
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April 05, 2016, 09:55:20 AM |
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Not sure if this was the right section of the forum to post but if it is not I guess it will be moved. Awhile back I bought a 17BTC note on BTCjam and wanted to ask what would be the best way to try to collect. I have included the link below and I am user MRBONG411 the same as I am here. I have tried to contact Ravi through his facebook and other websites to offer him this note at a reduced price but he does not respond. If anyone has any ideas that would be great. Thanks https://btcjam.com/listings/1244Effectively, there is nothing you can do. This was an unsecured loan, you cannot collect if he doesn't pay. You can try to sue him, and you may win, but then you'd have to enforce the judgment and you'd have to sue him wherever he lives. Unsecured lending is high risk; that's why credit card interest rates are usually ridiculous 15-30%. You can literally max out a card, never pay it back and have zero liability to the bank that issued it to you. If banks cannot do anything, neither can you - at least not legally. Give it up, move along and consider this your tuition fee.
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MagicIsMe
Sr. Member
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Activity: 294
Merit: 250
Negative trust resolution: index.php?topic=1439270
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April 05, 2016, 10:32:43 AM |
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Effectively, there is nothing you can do. This was an unsecured loan, you cannot collect if he doesn't pay. You can try to sue him, and you may win, but then you'd have to enforce the judgment and you'd have to sue him wherever he lives. Unsecured lending is high risk; that's why credit card interest rates are usually ridiculous 15-30%. You can literally max out a card, never pay it back and have zero liability to the bank that issued it to you. If banks cannot do anything, neither can you - at least not legally.
Give it up, move along and consider this your tuition fee.
That is exactly what I meant with this post. Your best chance of getting the money back is by praying. There's no guarantee that he repays it, and as you can see in his profile, in all 70BTC worth of loan, there were 15 late payments.
The first rule of giving a loan: Consider the cost! Interest doesn't and won't matter if the cost is too high because the one who requested the loan will probably not have enough money to pay it back.
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