Re: Need advice on collecting a very large debt....
First off, don't go into business, cause you really suck at details.
Ive played a cat on credit before after he ran out of cash. At the end of the night before he was allowed to leave I had him sign a promissory note for the amount owed. Payable on X date. He was not excited about the prospect of signing the paper, so I told him it was either sign the paper or give me his wedding ring as collateral. He signed the paper. I collected the money.
Though he knew he wasn't walking out of there until things got squared away.
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