My question involves court procedures for the state of: Florida.
My husband loaned $5000 to a "friend" I pushed him to get an agreement in writing indicating the amount of the loan, monthly payment amount and the date by which the loan was to be repaid. Despite promises that he would pay us back I insisted on getting it in writing. At the time of the loan the "friend" was supposed to start making monthly payments so that the loan would be paid off within a year. A few months went by and he didn't make payments. We let it slide at first b/c he was having some money troubles but were always very upfront about the fact we expected him to repay us. But after 8 monthts of not paying we had to say something, and of course they had an arguement and the "friend" basically refused to pay my husband back. I got involved and he made a few payments then stopped. The loan was due a year ago May. I/we were diligent in follow up with him, but we haven't seen any additional payments.
It has been almost two years since they entered into this agreement. We want to sue him in small claims court. I want to make sure we are within SOL, and thoughts on our chances of getting a judgement in our favor. He still owes us around $4200.

