u/Ecstatic-Librarian83

So a friend who's a panel beater wanted to go into business with me and said he would teach me the trade anyway we set up a shop and after being open for a week he back flipped and said he couldn't work with me, we split the costs 50/50 7k each and he paid me 2k about 6 months ago. He said he'd pay the other 5k but now keeps saying hes broke and doesn't have any money. we had a joint ABN and partnership agreement as well as a three year lease on a shed. he's been operating under his own ABN now and my name is off the lease. my question is there any legal route I can take to make sure he pays me back the other 5k or am I out of luck?