In our daily life, it is common for friends to help each other. Sometimes, however, this kind of help can have unintended consequences. Recently, a man lent 610,000 yuan to a friend, only to find that the money could not be recovered four years later, which caused widespread concern.
According to reports, the man's name is Lao Zhang, and he borrowed 610,000 yuan from his friend Lao Chen in 2018 because he needed funds to do business. In order to ensure the safety of the loan, Lao Zhang and Lao Chen signed the Loan Contract, and agreed that during the loan period from 2018 to 2019, Lao Zhang would use one of his own real estate as collateral to provide mortgage guarantee for the loan, and the two parties also went through the mortgage registration procedures.
However, things didn't go as expected. The two have not been in contact for a long time, and Lao Chen has never urged Lao Zhang to ask for arrears, or take other ways to claim rights. It was not until 2023 that Lao Zhang sued the court to ask Lao Chen to cooperate with him in canceling the mortgage, which caused this dispute.
Regarding this incident, experts pointed out that although there was a "loan contract" and a mortgage guarantee between Lao Zhang and Lao Chen, due to the lack of contact and collection for a long time, the loan had exceeded the statutory statute of limitations. This means that even if Lao Chen does owe Lao Zhang money, Lao Zhang is no longer able to recover the money through legal channels because the time limit for prosecution prescribed by law has been exceeded.
This incident is a wake-up call for us. In daily life, if we have borrowed money, we must collect the money in time and keep the relevant evidence. At the same time, we should also pay attention to the statute of limitations for borrowing, once this period is exceeded, our rights and interests may not be protected.
In conclusion, you need to be cautious about lending money to others, especially if you are borrowing large amounts. We need to understand the relevant laws and regulations and ensure that our rights and interests are protected. At the same time, we should also educate ourselves and the people around us to improve legal awareness and avoid unnecessary losses caused by negligence.