Legal Question in Business Law in New York

Paymet Plan

I made a payment plan for outstanding invoices with a former provider on A business that I already closed. It was a verbal agreement and I start doing the first 3 paymments. Know I sent a fourth of the payment and they want to sue me and freeze my accounts even personal accounts. Can they do that even If I still make payments ? Or this is only to scare me and get the schedule payments ?


Asked on 7/11/06, 11:13 am

2 Answers from Attorneys
Nancy Delain Delain Law Office, PLLC

Re: Payment Plan

I'm sorry to hear about your situation with the creditor. It sounds like he has misplaced or miscredited your fourth payment.

I need more information to legitimately and intelligently help you with your problem: things like the legal form of your business, whether or not you gave the creditor a personal guaranty on the funds, the form your payments took (check, MO, cash), etc. Please call my office to arrange a telephone interview (or you can set up an in-person interview if you want to take a nice train ride to God's country upstate).

An attorney's fee applies to all conversation after the first half-hour of discussion about your problem.

I look forward to hearing from you.

Nancy Delain

THE INFORMATION PRESENTED HERE IS GENERAL IN NATURE AND IS NOT INTENDED, NOR SHOULD IT BE CONSTRUED, AS LEGAL ADVICE. FOR SPECIFIC ADVICE ABOUT YOUR PARTICULAR SITUATION, CONSULT YOUR ATTORNEY.

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Answered on 7/11/06, 11:48 am
Robert R. Groezinger GroezingerLaw P.C.

Re: Paymet Plan

Without a judgment, they can freeze nothing. Without a personal guarantee on a non-sole proprietorship, it is unlikely too.

Feel free to call me for a free phone consult at my 845 area code number which is 8782163.

Good Luck

RRG

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Answered on 7/11/06, 11:55 am


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