Regrettably, a friend we loaned a substantial amount of money (in excess of 50K) has turned out to be less than honorable.
We now find ourselves with little choice but to take necessary actions to protect/recover what money we can from this loan. We have promisory notes but did not secure them against assets. We live in CO as does our ex-friend (although he and his wife have put his home up for sale).
What are the best resources on the Internet to:
1) help ID/locate available assests of this individual that do not already have liens against them (e.g. home, auto, business, investments, bank accounts, etc). Because this was a friendship loan, we didn’t have the smarts to get his SS# (suggestions how how to get it?)
2) to help defray legal costs, what efforts can we do ourselves, from on-line resources and otherwise, to begin this whole process (e.g. necessary forms to file, education on how best to file motions, obtain judgments, etc)
Thx. in advance for any help you can provide.
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