Legal Question in Credit and Debt Law in Maryland

payment when companies change hands

self employed courier. New business taking over and they want to delay payment for 60 days. After 60 days, they want to resume payment every two weeks but not pay back what they already are behind. How can I receive my money?


Asked on 12/12/02, 6:49 pm

1 Answer from Attorneys
G. Joseph Holthaus III Law Offices of G. Joseph Holthaus

Re: payment when companies change hands

Look to your contract, otherwise a reasonable standard applies. If you do not have a contract in place, you should. Contact an attorney.

Joe Holthaus

(410) 619-5918

Read more
Answered on 12/14/02, 12:22 am


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in Maryland