Money owed to me

[psebastian]

What is the name of your state? PA
I sold my business to my business partner back in October 06. While I was co-owner of the business I lent it some money. I had our attorney draft up a Commerical Note stating a payment schedule to be paid in full on or before April 2007. I have tried contacting the new ower, but I am getting no responce.

Any suggestions??

Thank you

 

[moburkes]

What is the name of your state? PA
I sold my business to my business partner back in October 06. While I was co-owner of the business I lent it some money. I had our attorney draft up a Commerical Note stating a payment schedule to be paid in full on or before April 2007. I have tried contacting the new ower, but I am getting no responce.

Any suggestions??

Thank you

As SJ would say, sue the bad person in court.

 

[psebastian]

Do you know if I am able to take him to small claims court?

 

[moburkes]

Do you know if I am able to take him to small claims court?

No, I don't, since I don't know how much he owes you.

 

[psebastian]

Sorry about that. He owes me $2,000.00

 

[moburkes]

Since the company owes you $2000, and your sales contract with the new owner who bought you out stated that the debt was still owed, and was not included in the sales price, then you sue the company for $2000.

 

[psebastian]

Thank you for your help.

If you have any other tips, please let me know.

Thanks,
P