Now I am not saying you should do this (being a public forum) an all... But a stern threat usually gets the job done.
even if it costs you a few $$$ to get someone else to do it. People with no assets/money etc etc manage to find a way to pay up if they have to.
First they tell you there sick, then next week there uncles neighbors cat died etc etc etc..
Again, I mean no disrespect in regards to the way you have handled it. I have 0 background knowledge of this specific case (or BTC loaning) so its easy for me to make comments hehe.. The auctioning it off part is a smart idea and could end up creating a few positives out of bad situations in the future which is good
Shak's been pretty well-harassed, IMO. It's unpopular with other debt-holders, but I think it'd be quite reasonable at this point to settle for 10% of the total settlement debt. Unless he's leaving out a cache of 50 or so 7970s in his liquidation thread, the thread parting everything out is fairly irrelevant in paying off a significant portion of the debt. All it serves to do is provide a crushing sense of any future gains needing to go toward debts the lendee regrets. It can work with student loans if the student gets a job paying significantly more than the person would've earned otherwise, but I think you'd have a Hell of a time collecting from a student who has not effectively benefited from the loan.
Before I read the thread, I was hoping to get a few cards sent to me at a discount over my own purchase price, then call the debt settled. Seems extremely unlikely at this point. Liquid, if you're interested in buying, I'm interested in selling. The best offer I have now is 45BTC on half the debt I bought.