Legal Question in Civil Litigation in California
Promissory Note not paid by Borrower
I have a signed Promissory Note for $24,000, past due. Gave the borrower extended time, she was waiting on monies due her.
She received her money, more than enough to pay me. She called
told me there was a hold at the bank on the check. The hold is up and she won't pay now. Question: Do I need to go to Court?
How do I go about taking care of this problem? Thank you for any information you can give me.--name removed--
5 Answers from Attorneys
Re: Promissory Note not paid by Borrower
The simple answer is yes -- if the borrower refuses to pay, you will have to go to court, file a lawsuit, and eventually secure a judgment against her.
I specialize in collecting money from people who refuse to pay their bills. Feel free to contact me if you would like to discuss this further.
Re: Promissory Note not paid by Borrower
Yes, you'll have to sue her for breach of contract and possibly fraud (if she never intended paying you back). Good luck.
Re: Promissory Note not paid by Borrower
Unless the debtor voluntarily pays, you will need to file a lawsuit and obtain a judgment to force her to pay.
The key to collecting any judgment is finding assets that you can have seized to pay the debt. I do a large amount of debt collection and have relationships with investigators that allow me to successfully collect money for my clients. Feel free to contact my office for a free consultation.
Re: Promissory Note not paid by Borrower
If you can't force payment, then you will have to sue. Just having an attorney threaten such action should change her attitude, and that won't cost much to do. Feel free to contact me to discuss the details and costs.
Re: Promissory Note not paid by Borrower
You need to sue her! I can handle this case for you at a discount rate. Give me a call for a free consultation.