[Everglow.]

I think how you're feeling is very valid and I can understand that in hindsight, you might not have loaned your friend the money or would have done so in a different way. I think both posts above sum up quite well the problems people may come into when laoning money to someone without knowledge of when or if that money can be paid back. Unfortunately, with your friends current earnings it sounds like repayment might be a struggle, so being upset and even regretting the loan is understandable. From my minimal legal experience (basically from watching judge Rinder on my days off work...) having something written up and agreed upon mutually by both lender and borrower is the best way to ensure money is repaid and not taken simply as a gift. I can understand it's frustrating for you though. Perhaps you could speak to your friend about this and see if there is a way you can both come to an agreement about repayments though. Communication with him is probably the best way to judge how likely it is that he will be able to pay you back.

I'm sorry this is something you're dealing with and I hope you find a way through this.