debtHave you ever borrowed money from a friend or lent some cash to someone you love and care about? When not handled properly, what begins as a simple loan could lead to grave misunderstandings, financial distress, and a lot of hurt and pain for all parties involved. Outlined here are six familiar scenarios you may find (or have found) yourself in, and what your proper course of action should be.

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(First published in Good Housekeeping Magazine, Good Money section as "Debt-Iquette" in September 2011; adapted for use in Female Network. Photo by 401K via Flickr Creative Commons)

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