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Old 08-25-2011, 05:19 PM   #1
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Default Stolen Interest Debate

loans $5 at 100% interest for 1 day.
A day passes by and does not pay the $5 plus 100% interest.
The next day finds and breaks the $5 valued piggy bank of and takes $10.

Has stolen anything from ? If so what? and does need to
pay back any money?


Hm. I think I should spice this up.

Still on the 2nd day secretly leaves $5 for .

sues for property damages of the piggy bank that amount to $5.

Court is not until 5 days later.
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Old 08-25-2011, 05:31 PM   #2
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by mrsticky005 View Post
loans $5 at 100% interest for 1 day.
A day passes by and does not pay the $5 plus 100% interest.
The next day finds and breaks the piggy bank of and takes $10.

Has stolen anything from ? If so what? and does need to
pay back any money?
she owes him for his broken piggy bank
but since she has already took 10$ he owes her nothing
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Old 08-25-2011, 05:59 PM   #3
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by king kakashi View Post
she owes him for his broken piggy bank
but since she has already took 10$ he owes her nothing
The piggy bank cost $5
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Old 08-25-2011, 06:10 PM   #4
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Default Re: Stolen Interest Debate

then she owes him 5 dollars probrably at the same 100% intrest
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Old 08-25-2011, 07:30 PM   #5
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by king kakashi View Post
then she owes him 5 dollars probrably at the same 100% intrest
Why?

borrowed $5 from at 100% interest per day.

Two days have passed. owes $15. $10 the first day. $15 the next.

does not pay back any of the money nor interest owed to

On day 2 breaks the $5 value piggy bank belonging to
who prior to then owed $15.

Has stolen anything from ? If so what? and does need to
pay back any money?
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Old 08-25-2011, 07:37 PM   #6
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Default Re: Stolen Interest Debate

still needs $10 from slacker

Interest accrues on the total amount owed. 100% of 5 is 5. So $10 after the first day.
100% of $10 is another $10. got ten, but she needs $10 more.
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Old 08-25-2011, 07:39 PM   #7
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by Wooster View Post
still needs $10 from slacker
But didn't already take $10 from plus the $5 damages of the piggy bank?
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Old 08-25-2011, 07:47 PM   #8
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by mrsticky005 View Post
But didn't already take $10 from plus the $5 damages of the piggy bank?
I explained above. Damages are out of own pocket. All repo men would agree.
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Old 08-25-2011, 07:52 PM   #9
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by Wooster View Post
I explained above. Damages are out of own pocket. All repo men would agree.
Really? So if the repo man causes collateral damage to get the money
owed then it's the fault of the borrower?
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Old 08-25-2011, 07:57 PM   #10
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Default Re: Stolen Interest Debate

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Really? So if the repo man causes collateral damage to get the money
owed then it's the fault of the borrower?
no thats a different topic all together you said in this case the the person who gave the lone not only stole thier cash back but caused damage in the process
therefore theyshould be held acountable
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Old 08-25-2011, 08:02 PM   #11
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by king kakashi View Post
no thats a different topic all together you said in this case the the person who gave the lone not only stole thier cash back but caused damage in the process
therefore theyshould be held acountable
But the damages caused by were $5

had owed $15.

had taken the $10 from on the 2nd day.
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Old 08-25-2011, 08:11 PM   #12
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by mrsticky005 View Post
But the damages caused by were $5

had owed $15.

had taken the $10 from on the 2nd day.
right however that gives her no right to break in go through his stuff then break something in the process even repo men knock
plus he could say the piggybank had emotional value
or he culd step on the glass (purpose or accident it doesn't matter)
so that's breaking and entering, destruction of private property, and pain and suffering
so he can sue her
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Old 08-25-2011, 08:24 PM   #13
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by king kakashi View Post
right however that gives her no right to break in go through his stuff then break something in the process even repo men knock
plus he could say the piggybank had emotional value
or he culd step on the glass (purpose or accident it doesn't matter)
so that's breaking and entering, destruction of private property, and pain and suffering
so he can sue her
More information has been added to the Original Post.
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Old 08-25-2011, 08:25 PM   #14
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by mrsticky005 View Post
loans $5 at 100% interest for 1 day.
A day passes by and does not pay the $5 plus 100% interest.
The next day finds and breaks the $5 valued piggy bank of and takes $10.

Has stolen anything from ? If so what? and does need to
pay back any money?


Hm. I think I should spice this up.

Still on the 2nd day secretly leaves $5 for .

sues for property damages of the piggy bank that amount to $5.

Court is not until 5 days later.
Wait I'm lost.

lends 5$ to

doesn't pay back any money

gets and takes it upon herself to collect her debt forcefully

leaves 5 dollars

sues, but the 5$ is already there

So the debt on both sides is null?
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12:11 PM So you enter the debate with full knowledge that you know nothing of worth on the subject, and then state you will not make an effort to learn. Way to be poster-boy for blight of the forum. Leave discussions of intelligence to those that have it.

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Old 08-25-2011, 08:31 PM   #15
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Default Re: Stolen Interest Debate

even so breaking and entering fines are a lot not to mention pain and suffering for stepping on the glass
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Old 08-25-2011, 08:35 PM   #16
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Default Re: Stolen Interest Debate

But a civil suit is not a criminal proceeding.
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12:11 PM So you enter the debate with full knowledge that you know nothing of worth on the subject, and then state you will not make an effort to learn. Way to be poster-boy for blight of the forum. Leave discussions of intelligence to those that have it.

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Old 08-25-2011, 08:39 PM   #17
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Default Re: Stolen Interest Debate

Quote:
Originally Posted by Bacon View Post
Wait I'm lost.

lends 5$ to

doesn't pay back any money

gets and takes it upon herself to collect her debt forcefully

leaves 5 dollars

sues, but the 5$ is already there

So the debt on both sides is null?
But remember borrowed $5 from at 100% interest per day

At the day of court, 7 days have passed by since
borrowed $5 from at 100% per day.

and still has the $5 borrowed from
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Old 08-25-2011, 08:50 PM   #18
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Default Re: Stolen Interest Debate

so he owes 35 dollars and she gets in serious trouble probrably fined
i watch a lot of judge shows and judge judy would definately take his side
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Old 08-25-2011, 09:26 PM   #19
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Default Re: Stolen Interest Debate

Quote:
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so he owes 35 dollars and she gets in serious trouble probrably fined
i watch a lot of judge shows and judge judy would definately take his side
But the damages for the piggy bank
were only $5 and sued for the piggy bank.

Shouldn't it be $25 since already took back $10 on the 2nd day
and left the $5.
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Spam twice and warnings will be deployed
Spam thrice and a infraction you will receive
Spam 8,984 times and a FAIL Agent you''ll soon be.

...At least in my case.
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Old 08-25-2011, 09:31 PM   #20
king kakashi
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king kakashi is far along on the distinguished path of a ninja.king kakashi is far along on the distinguished path of a ninja.king kakashi is far along on the distinguished path of a ninja.king kakashi is far along on the distinguished path of a ninja.
Default Re: Stolen Interest Debate

but remeber she broke into his home and violated his privacy
plus she never had him sign a document that says he will pay her back
not t mentionshe took the money on the third day yes but since the day was not over and she did not give him the chance to pay
edit- that means there even because you can't add intrest until the day is over
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Last edited by king kakashi; 08-25-2011 at 09:34 PM.
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