Hi there, First off thanks for any advice, its very much appreciated. I've lent a friend $20,000 ( personal loan) and its been a year and she isn't putting any effort in paying it back, also there has been lies that she will but never has come through. She has no money and is unemployed so I am worried she will just declare bankrupt so she doesn't have to pay it back. The agreement was verbal but there is bank transaction records. What should I do, or will she get away just declaring bankruptcy? The choices I have right now that I am deciding is one) go after her and get her bankrupt, but i'm not sure the effect, or two) to just wait for the best and hopefully she gets a job and hopefully she pays me back a little at a time?