Legal Question in Business Law in Hawaii
default on a promissary note
I sold a busines to a person in Maui, HI. Now this person is going to default on a promissary note. He said he has his condo up for sale and he is moving back to Australia.
I would like some advise on what I can do?
Thank you,
Asked on 6/27/05, 4:02 pm
1 Answer from Attorneys
Jon Zahaby
Tour bus, scenic and sightseeing, operation
Re: default on a promissary note
If you don't have a mortgage to go along with the note you need to sue the person for the amt. on note immediately and file lis pendens on the property before he sells.
Aloha, Jon A. Zahaby
Answered on 6/27/05, 5:17 pm
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