Legal Question in Credit and Debt Law in Connecticut
I let a so called friend borrow 10k for a business about 4 years ago he was supposed to pay me back in a year. I have a promosary note saying he wold pay me back with interest with in a year, but nothing has been paid and when I ask for my money he says he does not have any. He says he is planning to go bankrupt what do I do???
Asked on 2/22/10, 3:45 pm
1 Answer from Attorneys
Linda Subbloie
Linda A. Subbloie, Esq.
You have a problem. You can sue him and get a judgment. However, if he files bankruptcy and discharges the debt owed to you, you are stuck.
Answered on 2/27/10, 4:29 pm