Proper etiquette for dealing with someone that is busto

[ThreeBeers]

Tell him to pay you as soon as possible. Ask him to pay you in installments. If he wants to pay you back $10 at a time then take it. If you get the money back in full, then wonderful. In any event, I would suggest that you evaluate your lending practices. First and foremost don't lend what you can't afford to be without. Second don't lend to those you have any doubts about. If you thought you could trust them and it turns out you can't, then hopefully you followed rule #1.

ThreeBeers