Archived
I loaned a friend 1200$ and we had an agreed payment plan. They paid some back but keep avoiding pay is this worth court
Richard's answer
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Answered on October 18, 2018
Yes it is worth taking to court. If you get a judgment it can be good for up to 20 years, so if the debtor comes into money or tries to sell...
Can i get arrested if a friend left jewelry at my house and I took it to the pawn shop for a loan?
Richard's answer
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Answered on October 18, 2018
It still can be considered theft. You did not have permission to take the chains and certainly did not have authority to pawn them. It is a...
Archived
If someone agrees in a text to pay someone back, but then doesn't and they are on disability can they be ordered to pay it back?
Richard's answer
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Answered on October 17, 2018
The text messages can be used as evidence of the loan. Sue him in small claims court.
Archived
How to transfer shares in a Coop to a minor child ?
Richard's answer
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Answered on October 17, 2018
You will need to hire an attorney and meet with him prior to making such a transfer. It is probably not a good idea because when a minor owns real...
Archived
A few different questions regarding to commission payouts and non-discretionary bonuses from employer. Thanks!
Richard's answer
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Answered on October 15, 2018
You need to have a consultation with an employment/labor law attorney. You contract needs to be reviewed in order to answer your questions. Use...
Archived
Damage to household items due to radiator pipe leak
Richard's answer
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Answered on October 12, 2018
Probably not. Your lease likely requires you to have your own contents insurance policy. Read your lease. Unless it specifically says the...
Builder changed the contrusction plans after I signed the contract. What is my legal recourse?
Richard's answer
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Answered on October 11, 2018
Impossible to answer without reviewing your contract. Have an attorney review the contract to see if this constitutes a material change that is...
Archived
Help with a Promissory Note on an estate
Richard's answer
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Answered on October 11, 2018
The statute of limitations is six years from maturity or default whichever comes first. If the debt is less than 6 years old you can sue the estate.
Sold used truck "as is" 3 days later the buyer wants his money back. Am I obligated to return it?
Richard's answer
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Answered on October 11, 2018
You are not obligated to take the truck back.
Archived
What reasonably priced documents do I set up for a friend I am lending money to close on his house ?
Richard's answer
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Answered on October 11, 2018
You need to have him sign a promissory note. You should also secure the loan with a mortgage against at least one of the properties. Hire an...