What to do if I applied and received a loan for $10,000 from my bank and in turn oan the money to a friend who has stopped paying it back?
Question Details: He was paying the monthly installments for about half of the loan, then he stopped. My bank took all of the money I had in my account to pay on the loan which was about $1,200. I paid the remainder of the loan ($3200.94) to keep my good credit rating and now I want to sue him for my money back. I made this loan and agreement to him in another state, but I've moved since then. Can I file to sue him in the state I'm currently living in or do I have to file in where the transaction took place, and do I need an attorney? He lives in one state but he works in another. I do have a signed promissory note.