Legal Question in Bankruptcy in Florida
Loan payment
the small company I work for was in money trouble. The owner of the company asked me to loan her $45,000. I gave her cash and also took no paycheck to make up the money. I have a note from her saying she will pay back the money. I also have the books showing I took no paychecks. My question is ..she is now going to go chapter 7-11 or 13. Will my repayment of this loan go in with all the other creditors or if I sue her before she files do I stand a better chance of not being tossed on the creditor pile? please help
Asked on 6/09/08, 2:04 pm
1 Answer from Attorneys
Brent Rose
The Orsini & Rose Law Firm
Re: Loan payment
Your loan will go on the pile with all the other creditors. It doesn't matter when you sue.
Answered on 6/09/08, 3:43 pm
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