advice needed for a financial amend for Step 8 - SoberRecovery : Alcoholism Drug Addiction Help and Information

Patk · 04-18-2011, 02:14 PM

Hi All,

Hi All,

I live outside my native country (Canada), and will be returning there this summer for a 2-week vacation. I have a financial amend to make with someone. This debt of mine has been outstanding since 1994. The last time I spoke with either my friend or his wife is when they tried to contact me my phone in 1994.
I would like to ask if the following scenario of how I should try to make the amend is appropriate.

Since I do not know where the couple lives but do know where my friend works, I try to pay him a visit at his office. Apologize and hand him an envelope containing the sum from 1994, adjusted with inflation, to be the equivalent dollar amount in 2011 values. The debt from 1994 was roughly $350 (Cdn), so it would be now $484.00 (Cdn).

Pat K

CarolD · 04-18-2011, 03:55 PM

Good to know of your plan...

I have zero experience with this situation
hope others who do will be along.

susanlauren · 04-18-2011, 07:07 PM

Patk,
Congrats to you for being willing to make this right. My suggestion is to ask your friend if repayment of the original amount plus adjustments for inflation make the situation right? Your friend may want interest on the debt or he may just want the original amount of the debt repaid.
Susan

DayTrader · 04-19-2011, 03:55 AM

Quote:

Originally Posted by Patk

Since I do not know where the couple lives but do know where my friend works, I try to pay him a visit at his office. Apologize and hand him an envelope containing the sum from 1994, adjusted with inflation, to be the equivalent dollar amount in 2011 values. The debt from 1994 was roughly $350 (Cdn), so it would be now $484.00 (Cdn).

Pat K

It might be good to call ahead to his office......let him know you're coming.....and let him know why you're coming.

I'm not a big fan on the surprise visit. As for the $, sounds about right but, as was suggested by SusanLauren, the question to ask is "is that sufficient or what else can I do to set this matter right?"

Patk · 04-19-2011, 12:41 PM

Dear DayTrader. susanlauren, and CarolD:

Thank you all for your great input and advice!

Patk

04-18-2011, 02:14 PM	#1 (permalink)
Patk Member Join Date: Feb 2009 Location: Japan Posts: 71	advice needed for a financial amend for Step 8 Hi All, Hi All, I live outside my native country (Canada), and will be returning there this summer for a 2-week vacation. I have a financial amend to make with someone. This debt of mine has been outstanding since 1994. The last time I spoke with either my friend or his wife is when they tried to contact me my phone in 1994. I would like to ask if the following scenario of how I should try to make the amend is appropriate. Since I do not know where the couple lives but do know where my friend works, I try to pay him a visit at his office. Apologize and hand him an envelope containing the sum from 1994, adjusted with inflation, to be the equivalent dollar amount in 2011 values. The debt from 1994 was roughly $350 (Cdn), so it would be now $484.00 (Cdn). Pat K

04-18-2011, 03:55 PM	#2 (permalink)
CarolD Forward we go...side by side Join Date: Jun 2002 Location: Serene In Dixie Posts: 37,601	Good to know of your plan... I have zero experience with this situation hope others who do will be along. __________________ Each Day Sober Is A Victory!! Joy In AA Recovery!

04-18-2011, 07:07 PM	#3 (permalink)
susanlauren Member Join Date: Oct 2009 Location: Columbus, Ohio Posts: 648	Patk, Congrats to you for being willing to make this right. My suggestion is to ask your friend if repayment of the original amount plus adjustments for inflation make the situation right? Your friend may want interest on the debt or he may just want the original amount of the debt repaid. Susan

04-19-2011, 12:41 PM	#5 (permalink)
Patk Member Join Date: Feb 2009 Location: Japan Posts: 71	Dear DayTrader. susanlauren, and CarolD: Thank you all for your great input and advice! Patk

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