K
kasham
Guest
We sold our old houe by owner to a man who talked us into doing a "seller hold back." Essentially this meant us selling the house to him but in turn we held a second mortage on the house for about $32,000. He then turned around and defaulted on the first mortage so we had to sell our mortage short, but in turn made him sign a private note for the remaining value plus fees. Since then he has not paid once on the private note and we are wondering what are options are. We have contacted our lawyer who wrote the note and he says he can't help us out because it is not in the county that he practices. We know the man who owes us the money has the money or some part of it and we just need a good lawyer that will get us close to what we are owed. What are our options? Do lawyers take cases like this on a contingency basis, or do we have to pay up front? What are the court costs? Are we better off writing this off as a loss?