Legal Question in Credit and Debt Law in North Carolina
Collect money on a note that i loaned out
Money I loaned on 2 promissory Note one is for 20,000.00 with inst of 9,000.00 to be pay on but he isn't another aqmount of 4,000.00 instred of $1,000.00 on promissory . I let him have 3,000.00 on Aug.15,2003 to be paid in 2 week the $3,000.00
The 20,000.00 was to be paid $300.00 for 3 years and then the balance due on it. The $4,000.00 with the $1,000.00 balnce of $5,000.00 to be paid on Augm, 15, 2004. He has made 1 $300.00 pay to me that is all I havea notary Public and a legsl Promissory Note. Please tell me what I can do in the matter
2 Answers from Attorneys
Re: Collect money on a note that i loaned out
Hire a lawyer.
Re: Collect money on a note that i loaned out
It seems that the notes were executed and that the debtor is in North Carolina. You should hire counsel in N.C. to sue and collect the debt.