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Thank you for your question and welcome. My name is ***** ***** I will assist you. Did you receive shares in a limited company for your investment? Kind regards AJ
Hi, Thank you. How did you pay the money to him? Was it to a business account? Or his personal account? Kind regards AJ
Thank you. Is this business account in his name or a personal name? Ultimately if this is a loan and he has not repaid with interest as agreed, it is a straightforward debt claim and you would have to consider suing him. What evidence do you have in writing to show the agreed interest rate?
Hi, Thank you. It is a straight forward debt recovery matter, you are entitled to sue him for what you are owed. If the debt is not in dispute and you want to put pressure on him to pay you could serve him with a statutory demand - this will be cheaper than court, and will get his attention as it is a pre cursor to bankruptcy. https://www.gov.uk/statutory-demands
Thank you. I wish you the best of luck. If I can assist any further please let me know. Kind regards AJ