The guy I let lend the money was to ran a business every time ask him to sigh the contract he always say tomorrow till he ran away with my cash, and he suppose to pay interest fee every month never received not even one payment
Lesson learned - never loan money without first obtaining a promissory note and some form of collateral.
Just because you don't have a note doesn't mean you can't prove that money was loaned. The problem is - what were the terms of the loan? That will be a question of fact that you will have the burden of proving.
I advise you to speak with an experienced business attorney in order to better ascertain your options.
Best of luck.
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Without a written agreement such as a promissory note or other contract, signed by the borrower, you can still sue the borrower to recover the money but now you will need to prove the terms of the agreement, including the amount of the loan. You can try to prove the terms of the agreement through oral testimony, the testimony of witnesses who were present when the loan was agreed to or given, and through documents such as emails, letters, notes, bank records, etc. I recommend you retain an attorney to handle this for you because proving your case without having a promissory note or other written agreement signed by the borrower, will be challenging.
Disclaimer: Please note that this answer does not constitute legal advice in any way whatsoever, and is for informational purposes only, and should not be relied on, since each situation is fact specific, and it is impossible to evaluate a legal problem without a comprehensive consultation and review of all the facts and documents at issue, as well as the status of the law. This answer does not create an attorney-client relationship.
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