Legal Question in Business Law in Texas
Payment debt
An employee was fired for failure to come to work multiple times.
Employee owes the company for a loan.
Can we hold the employees tools until he pays the loan?
Asked on 9/03/08, 11:06 am
1 Answer from Attorneys
James Grissom
Law Office of James P. Grissom
Re: Payment debt
Not legally - unless the tools was identified in the loan agreement as security for the loan. You did have a written loan agreement, I hope.
Good Luck.
Answered on 9/03/08, 11:15 am
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