Legal Question in Credit and Debt Law in Minnesota

Best course of action:

Have an experienced Business Attorney send him a Demand Letter for full amount of claim, and if there is no adequate response, follow up immediately with litigation ( lawsuit ) for all amounts, plus interest and court costs.

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It appears this is not an issue that will readily be settled in a out of court manner. Conciliation court legal issues are 'capped' at $10000. It appears initiating a civil lawsuit in district court may be appropriate. It is good that you have documentation, of course. I suggest you have attorney assistance at this time. Tricia Dwyer Esq at 612-296-9666, Tricia Dwyer Esq & Assoc PLLC, Minnesota Civil Law Attorney, Minnesota Debtor Creditor Law, http://dwyerlawfirm.net

The quickest and cheapest option would be to immediately sue them in small claims court. While your claim would be capped at $10,000 in small claims, you would save on filing fees and get a quicker hearing date. While small claims court is setup for people to handle disputes without an attorney, it is still best to consult an attorney to help you handle the complaint and service of the action on the other party.

You will likely need to sue him. Conciliation court should be considered, due to the cost. You would need to reduce your claim to $10,000. A suit in district court could be for the full amount. You also need to do a risk/reward assessment about the likelihood of collecting.