What is the name of your state (only U.S. law)? California
A little less than two years ago, I took out a line of credit from a bank for my former employer because the business was slow at the time and he needed some cash for the company (Restaurant).
He promised to pay all the necessary fees and interest and he should have the loan pay off in a few months. That few months turned into more than a year. I no longer work for the company since December of last year and I recently lost my job too. So I asked him to start making the monthly payments so I would not default on the loan but he kept making excuses to not do so. I am really close to suing in small claims court to get the money and pay off the loan and move on with my life.
Now the problem here is that I wrote the check out for the amount of $5,000 to the corporation but I went to search for it in the County's database, it is no longer there. Can I sue him directly? I saved all the emails that we had back and forth and all the statements and the check that I wrote out to him. In the emails, I asked him to pay back immediately, I also asked him to pay off the loan and take over the monthly payments.
Help!!!
Thanks all!!!
A little less than two years ago, I took out a line of credit from a bank for my former employer because the business was slow at the time and he needed some cash for the company (Restaurant).
He promised to pay all the necessary fees and interest and he should have the loan pay off in a few months. That few months turned into more than a year. I no longer work for the company since December of last year and I recently lost my job too. So I asked him to start making the monthly payments so I would not default on the loan but he kept making excuses to not do so. I am really close to suing in small claims court to get the money and pay off the loan and move on with my life.
Now the problem here is that I wrote the check out for the amount of $5,000 to the corporation but I went to search for it in the County's database, it is no longer there. Can I sue him directly? I saved all the emails that we had back and forth and all the statements and the check that I wrote out to him. In the emails, I asked him to pay back immediately, I also asked him to pay off the loan and take over the monthly payments.
Help!!!
Thanks all!!!