Quote:
Originally Posted by RustyBrooks
But realistically? What's the downside, i.e. what happens if you can't pay? How much risk of ruin are you ok with?
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This is a more important question than has been acknowledged. Generally speaking, I'd say the best thing you could do in this situation is give your friend the $4k now, by June give him another $2k that you managed to save a few hundred bucks at a time, and tell him "that's the best I can do - sorry".
Him getting about half his money back is a pretty ok outcome as compared to the alternative of letting you try to run it up and him maybe ending up with nothing.