Originally posted by Underbridge well, it if it is a 8000USD gear?
If $8000 is that important to you, you shouldn't have lent it out. I understand that it sucks but you should have considered the consequences before lending it out. Have you talked to your friend about repair costs/responsibilities?
Personally, when (and if) I decide to lend equipment, vehicles, "toys" etc I have a written document prepared, nothing fancy, just so both parties are aware of any ramifications if damage is done. This is generally for anything worth over 5K.