business loan among friends legal definition of business loan among friends. business loan among friends synonyms by the Free Online Law Dictionary.

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Country: United States of America State: Tennessee My husband loaned $30K to a business acquaintance.This person signed a letter stating he would pay him bk (plus more)and gv him a chk for $30k asking him to wait to cash. Does my husband have any legal standing against this man? He has tried for svrl mnths to collect & he continues to promise him payment. Can you help us? $30k savings (my husband does construction & excavation)

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You can sue him, or even report the bad check to the police if need be--

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