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Fred989

Should I sue and if I do, what should I expect?

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My name is Fred989.

Topic: should I sue?

1. Background: I foolishly loaned a Thai national tens of thousands of US$ in 2014.

      A. My collateral at the time was his two vehicles.

      B. He failed to repay and refuses.

      C. I no longer have the titles to those vehicles, he does.

      D. He made the payments on time for 4 months....resumed with a lower negotiated rate for 3 more months after 2 months              before ending.

 2. My evidence:

      D. I have a copy of the original contract (unsigned).

      E. I have snapshots of his acknowledging payment

      F. All payments went through a bank account, now closed but presumably records can be retrieved for a fee.

 

I prefer the opinions only of people, especially foreigners that have had direct experience with lawsuits in Th. 

I don't need nor will I respond to comments regarding anything else.

I am now fully aware of how well and easily I allowed myself to be conned.

I have attempted in the last 3 years to contact lawyers in the region where this occurred and Bangkok (~4), to no avail. Not a single reply.

I no longer live in Th with no current plans to return.

 

 

Sincerely, Fred989

 

 

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1 hour ago, bkk6060 said:

Fred:

The above should tell you all you need to know.

Sometimes people get shafted by others, happens everywhere in the world.

Sorry, I would just move on.

Not replying to emails is common in Thailand. If he followed up with calls etc i would agree

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The above posts sums it all up and this is from someone who have sued several Thai people in the past, unsigned contact, no collateral and no witness put you in a very awkward position to recover the loan and no lawyer can help you here i'm afraid...

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Move on - long distance makes it harder and undoubtedly even more expensive.

 

As said by others collecting is usually the issue, as soon as something like this starts they dispose of any assets into other family members names etc, but you dont even have anything signed.

 

Sad but repeated story, learn and move on is my comment.

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Just think of it as an expensive lesson learned. 

You will never get that money back, and going after it will only cost you a lot more, plus a lot of stress and disappointment. 

Next time someone asks to borrow money, true or not, just say you don't have any. 

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One piece of advice I received from a long time expat here in Thailand is that the magic number is 200,000 THB 

 

Any amount less than that is not worth the time and expense of a lawsuit in Thailand 

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