Legal Question in Credit and Debt Law in Michigan

old bad debt

Can we legally keep monies paid for products but returned for credit and apply these to an old bad debt oweing to us from a customer? The debt is from a customer doing business of painting.


Asked on 8/16/05, 11:13 am

1 Answer from Attorneys
David Anderson Anderson Business Law LLC

Re: old bad debt

Probably. Do you have a contract?

DO they acknowledge the debt?

I need more information to advise you.

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Answered on 8/16/05, 12:14 pm


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