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business loan among friends |
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Ask a Lawyer QuestionCountry: United States of AmericaState: Tennessee My husband loaned $30K to a business acquaintance.This person signed a letter stating he would pay him bk (plus more)and gv him a chk for $30k asking him to wait to cash. Does my husband have any legal standing against this man? He has tried for svrl mnths to collect & he continues to promise him payment. Can you help us? $30k savings (my husband does construction & excavation) AnswerYou can sue him, or even report the bad check to the police if need be--How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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