First send a bill, then a statement, then a notice, then a default and then seek an ex parte order for the seizure of the funds...

Good! I am in the States, is there a Statute of Limitations on that? Any idea?

Thanx Eammon - a bill, yes! For the note & the cash equivalent?

And/or

hold the payment, go in person, tell them you want to close the account in return/exchange for the original note.

David I see your point - though holding off on the payment beside opening one up to delinquency and/or default wouldn't that be causing a controversy?

By hold payment do you mean stop paying the repayments agreed to in the contract? If so then you would be defaulting on the loan and breaching the contract. You have to honour the contract and complete all payments plus interest. Otherwise you fall into dishonour...

By the way - this was an interest free loan...which I still assume makes little difference in collecting the principal seeing as though they have had the life span of the loan to trade on the debt/note...

That's a q for Scott. Don't wanna answer cos I don't know... Read the contract and see what it says. Read it as a creditor would though...

Funny - interest free loan - that in it self gives the whole creating credit and dealing in debt game away of itself, to any sentient being...how could they run a for profit buisness otherwise:-)

Will do E!

Good point. Bank : Here's $100 Customer : Here's $100 back Bank : Woops didn't make any money there... :p Or something to that effect

Exactly - didnt banking could at times be so philanthropic:-)

Didnt know

Chris Schulte, this is just an opinion, but the note you entrusted to 'them' creates a trust relationship, whereby you entrusted your valuable instrument to them for safekeeping. If they misplace it, then they owe you fair value/face value...as long as you can accurately describe it (send a photocopy, number, date of deposit etc) to demonstrate that you have given them reasonable opportunity to produce it for you, logic suggests that there shouldn't be a statute of limitations on it. One way to find out is to send a bill & see what happens ;)

Even organise a meeting to view the original...

I recently did this with credit card my mrs is a fan of them :( anyway i told them over the phone that before we continue payment i would like to get the original CREDIT AGREEMENT back....funny enough a week later i got a letter and a digital register of what they now termed....CREDIT CARD APPLICATION ...together with a interesting layout of all ACCOUNT DETAILS eg passwords, adresses etc. But what struck me was the fact that on the left corner of this breakdown was signed by same person who countersigned the CREDIT AGREEMENT...