Hi I loaned an large sum of money to a family friend in Decmber last yearand he has repeatedly avoid…

Hi I loaned an large sum of money to a family friend in Decmber last yearand he has repeatedly avoided paying back the funds- he claims to be destitute however he is constantly purchasing new assets and has recently paid in cash in full for a car and his wifes private deivery of their baby. he has now stopped taking my calls and ignores my messages and i am in a situation where i cannot wait another week let alone year for these funds back. We only have a verbal agreement however i have texts from him saying he will pay when he is ready and no sooner. does that help me?

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