I guess the morale of the story is simply do not loan money to (most) people.
In my sister's case, as explained in Smitty, I have to help her out. So, while a frustration, at least she will be working off her debt and I do get some value to the money back.
In regards to the friend(s) in the future, I simply will have to do what many people recommended in the original thread. Working up an agreement, taking collateral, and so on. If they are in that much need, they should be willing to fork over something work the same or greater value. Once they default, I sell it.
Or just do not loan.
It's sad you have to be that way. But the whole, 'you can afford it', argument to why they do not pay you back is a real pisser to say the least. I am not too proud to admit when I make mistakes. I have made many, and will make many more in my life. This one is just more complicated because of the long history.
