Legal Question in Business Law in Virginia
I loaned $30,000 to a company. i received a note signed by an officer of the company. the company made payments totaling $6000. they stopped making payments several months ago. i contacted them and they refuse to make any more payments on the note. how do i collect?
Asked on 8/25/09, 7:14 pm
1 Answer from Attorneys
Michael Hendrickson
Law Office Michael E. Hendrickson
You will need to sue this company in circuit court for $24K + interest + any other recoverable costs.
Answered on 8/30/09, 8:07 pm
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