ren, fraud is a felony and since this was a loan from one friend to another my non-legal opinion is that any law enforcement official will tell you this is a civil matter. I don't know what kind of money we're talking about but I'll suggest this anyway; Small Claims courts take actions up to 7,500 and with a signed note as proof, you can represent yourself and file a claim. I wouldn't concern myself with the 5 years, especially if the repayment terms are included in the note. To me, that covers your attempts to collect because you have a written promiwse with her to make monthly payments. What additional action should you have taken?
Several years ago I signed an agreement and paid a contractor an advance of several thousand dollars to build an addition to my house. He did not do the work, nor did he bother to repay the advance. I filed a claim, the judge found him guilty and the matter was referred to the County Sherrif for collection. The sherrif posted property owned by the contractor for public sale and he then repaid the money plus interest rather than have his property sold at public auction. If this interests you and you'd like more information send me a note and I'll be glad to assist.
AOL Health