What if relatives and friends owe money?

If relatives and friends owe money and don't pay it back, you can try the following methods:

1. Communication: First, try to communicate with the debtor, ask whether the other party has repayment plans or difficulties, and get to know the specific situation of the other party. Sometimes debtors do have financial difficulties and need some time to repay them. At this time, you can consider extending the repayment period or repaying in installments.

2. Write or SMS: If communication is not smooth, you can try to write or SMS to the debtor, explain in detail the amount, time and reason of the debt, emphasize your rights and interests, and ask the other party to repay as soon as possible.

3. Seek legal help: If the above methods have no effect, you can consider seeking legal help. You can consult the local court or lawyer to understand the relevant legal provisions and ways to protect rights, such as legal prosecution and legal deterrence to recover arrears.

It should be noted that when borrowing money, you should pay attention to signing a written contract and keep relevant evidence, such as bank transfer records and receipts. In addition, before borrowing money, it is necessary to find out the borrower's repayment ability and integrity to avoid unnecessary economic losses.