1, collect evidence. If you and your friends signed relevant agreements, commitments and IOUs when applying for a loan, these can be used as evidence, in addition to SMS, WeChat, telephone recording, friend witness, transfer records and so on.
2. Negotiate with friends. To contact each other as soon as possible and communicate with them about repayment, you can help pay back the money first, but others should make repayment plans and sign new IOUs.
3. Bring a lawsuit to the court. If the other party refuses to repay the loan, then you can choose to sue in court. Although it will be more troublesome, you can mediate with the other party when you sue. It better be solved perfectly.
If you don't repay the loan for others, the process of prosecution is as follows:
1. Submit the indictment and submit corresponding copies according to the number of the opposing parties;
2. The plaintiff filed a lawsuit with the court to submit materials;
3. The parties submit written evidence to the court;
4. The filing court shall, within seven days after the parties perform the necessary procedures and submit relevant evidence materials, handle the filing procedures for the parties who meet the filing conditions;
5. The parties shall pay the legal fees in advance within seven days from the date of receiving the acceptance notice;
6. The case is scheduled to be heard by the court.
Legal basis:
Article 681st of the Civil Code of People's Republic of China (PRC)
A surety contract is a contract in which the surety and the creditor agree that the surety will perform the debt or bear the responsibility when the debtor fails to perform the due debt or the circumstances agreed by the parties occur.