Legal Question in Business Law in Florida

dereliction of contract (breech)

In 2002 we allowed a close friend to become partners in a business opportunity. He brought no money into the business, just a pen to commit to a 25 year mortgage and property taxes. He walked out after only 11 months into the business. I have been personely running and paying all the bills. How can I get him to pay his part of the mortgage, and taxes. He refuses to take his name off the mortgage but wont't pay. He want at least 70,000 to sign. I will not forclose and loose all the hard work I have put in building this business.


Asked on 12/22/04, 2:07 pm

1 Answer from Attorneys

Moses Williams Moses E. Williams, Attorney at Law

Re: dereliction of contract (breech)

You will need to file suit against him for breach of contract. I am available to consult with you on this case.

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Answered on 12/23/04, 11:41 am


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