Quote:
Originally Posted by SleazyDream
yes except that near the end he missed 5 months of payments and at 3 months contract said he lost all.
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Considering everything that happened, I'd say you don't owe a thing.
If you didn't go bankrupt, he probably could have paid you the money he was late on and you would have allowed him to keep his share even thought the contract said otherwise. Even if he was 8 months late and started making slow payments, I'm sure you would have let him keep his share. I know you would have done it because you're a very good man.
I also have a feeling that you felt responsible for losing this investment when you went bankrupt, and had Jman been understanding and supported you rather than threaten you, I'm sure you would have made it right eventually. But during bankruptcy proceedings is NOT the right time to make something like that right. It could be 5 years from now, when you're a millionaire again, that you give him $20k for his troubles.
Threatening someone while he's down and can't do shit about something, for only $16k on top of it, is SHITTY. Doing that while you're in breach of contract? You deserve to lose every penny.
Maybe I got this situation wrong, but that's my opinion. I've had a very similar situation happen, where a friend of mine I invested $55k with went bankrupt and he's still going through it - and I NEVER bring up that money. I'm there to support him through this unbelievably stressful situation. When he gets back on hit feet, and I know he will, he will make it right. But even when he mentions the money sometimes - I change the subject cause stressing him more is not gonna help anything.
note: I've met Scott and Jman many times before, had a good time with both of them in Gimli. If the situation was opposite and Scott was the one threatening Jman while he's in bankruptcy, I'd say Scott was wrong.