Legal Question in Civil Litigation in Idaho
Business buy out debt owed
My ex business partner owes me money on a buy out agreement, more money than is allowed by small claims. How do I go about getting my money? Business went under.
Asked on 1/12/04, 9:06 pm
1 Answer from Attorneys
Gass Timothy
Gass Law Office
Re: Business buy out debt owed
ask him if he'll sign several promissory notes on the debt with wach note less than the amount you can sue for in small claims. Then sue in small claims on each separate note since they are now separate debts upon which you can sue. I give a half hour free cdonsultation in my office. Call me for an appointment if you'd like to discuss this further-208-345-3817
Answered on 1/14/04, 12:44 am
Related Questions & Answers
-
Promissory Note I am purchasing a semi-truck from a private party. I signed a... Asked 12/16/03, 11:21 am in United States Idaho General Civil Litigation
-
Are oral agreements binding in Idaho are oral agreements binding in Idaho? Asked 2/27/03, 7:23 pm in United States Idaho General Civil Litigation