After several years, an alleged creditor seeks payment under shady circumstances

[Richard L]

My wife and I bought a piano under a lease-with-an-option-to-buy plan.
I believe the seller experienced a divorce and/or bankrupcy, as when the lease expired we attempted to contact the seller and we could not. A piano tuner remarked thqat the company went out of business owing the tuner some money. Thus I have reason to believe that the seller is either
a: trying to recover money from an asset he declared lost in a bankrupcy or
b: trying to hide an asset from the divorce settlement, or both.

Now the seller is trying to recover money, after 5 years. I don't mind paying if I owe the seller money, but A: I think the property was abandoned and is mine by right of possession and B: I don't want to be a party to fraud.

 

[lawrat]

not sure what you are asking but you may want to ask yourself how badly do you want to fight this?


https://law.freeadvice.com/resources/statecodes.htm

check your state's statute of limitations for creditors to collect

____________________________________________________
I am a law school graduate. What I offer is mere information, not to be construed as forming an attorney client relationship.

 

[Richard L]

I have a feeling I will be summoned o small claims court soon. The piano is not worth a major legal battle, being only worth about a $1000.00

I would like a "fair hearing." I don't like being "intimidated," but I have no experience with small claims court.

How do I find out about the statute of limitations? It's been 5 years, and if the statute of limitations in Wisconsin is shorter than that, the issue is muut.

 

[I AM ALWAYS LIABLE]

I have a feeling I will be summoned o small claims court soon. The piano is not worth a major legal battle, being only worth about a $1000.00

I would like a "fair hearing." I don't like being "intimidated," but I have no experience with small claims court.

How do I find out about the statute of limitations? It's been 5 years, and if the statute of limitations in Wisconsin is shorter than that, the issue is muut.

My response:

The word is "moot".

Winconsin's S.O.L. on written contracts is 10 years.

To get familiar with Small Claims court, read this:
http://www.courts.state.wi.us/circuit/pdf/small_claims.pdf
You'll need Adobe "Acrobat Reader" in order to view the document.

Good luck.

IAAL

 

[HomeGuru]

The word may also be Mutt as in Mutt and Jeff. And they ain't no acrobats.