Legal Question in Credit and Debt Law in Maine
Burned by magazine
I worked for N'East Magazine in
different capacities since 2006. The
publisher owes me over $5,000. I let
him slide on late payments because I
believed in the magazine (he claims
we had 2,500 subscribers.)
There is a much longer story here,
but he may declare bankruptcy.
My question is this - if there are
enough advertisers, writers, artists,
editors, and photographers who are
owed money, can we all file one case
in small claims court.
2 Answers from Attorneys
Re: Burned by magazine
I strongly suggest you meet with an attorney before doing anything.
Re: Burned by magazine
In Maine, the Small Claims limit is $4,500, so probably even just your claim by itself cannot be brought in that Court. You also cannot agree to limit your claim to $4,500 if it is larger, just to be in Small Claims.
Obviously the cost/benefit needs to be carefully reviewed if Bankruptcy is a serious possibility.