I read this news article today: Perth leads nation for falling house prices in 2015.

In a downwards economy, formal avenues for credit tighten up.

People lose their jobs, but at the same time, see the price of their home and investment properties falling.

They often find it hard to make ends meet, but now cannot easily borrow against real estate to cover the shortfall.

Their next port of call becomes family and friends - and then what if you are that family or friend and you have loaned money (say, tens of thousands of dollars) and not been paid back?

Unfortunately, and sadly, you may need to take formal steps. This at least might put you ahead of other creditors.

I am very experienced in disputes of this kind. You should email me so we discuss your options.