Legal Question in Civil Litigation in California

If they're in bankruptcy, your payment becomes part of the bankruptcy estate if they've listed it in the BK papers. You might talk to your banker about what your options are if the check remains outstanding. Also you might try to contact the company's president or treasurer to find out its status.

It may be possible to hold all payments and see what happens. If someone asks for a payment, contact me or another attorney to analyze your obligations and options. You dont know if they just went out of business or filed bankruptcy. If they filed for bankruptcy, and if there are creditors, there will be a trustee who may look at the amount you owe as an asset and demand it. Probably, you were entitled to a warrantee or other benefits from this pool business, so you have an argument that the business also owes you something. If it would cost too much to come after you, you might be able to have an attorney such as myself renegotiate and settle for less, or none. That is, if someone demands money. You have to be weary of this matter potentially being handed over to collections or otherwise harming your interests, but you may get lucky. I would have to look at the loan, your contract, and obligations closely before I could say anything definitively, or anything that would constitute legal advice.

Best,

Daniel Bakondi, Esq.

[email protected]

415-450-0424

The Law Office of Daniel Bakondi, APLC

870 Market Street, Suite 1161

San Francisco CA 94102

http://www.danielbakondi.com

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