Archived
I defaulted on a promissary note of $30,000, do I have to pay the whole amount back or just the princapal of $15,000 as stated?
John's answer
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Answered on May 27, 2013
I do not understand your question. You say the note is "a promissary (sic) note of $30,000" by which I understand that the face amount of the note...
Archived
In approx. 2008 I received 7 NON PARTICIPATION contracts to sign for gas wells to be drilled.
Can I get info as results?
John's answer
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Answered on May 27, 2013
I agree with Joseph Drennan's answer. I have never heard of a non-participation contract but your issue may have something to do with a...
Archived
Ruling on time frame of response after sending Letters of Demand to oil company requesting release of suspended royalties
John's answer
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Answered on May 26, 2013
I agree with my colleague. You should have a Louisiana lawyer (assuming the land is located in Louisiana) review the situation and see if there is...
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Archived
Can I be arrested for not paying back a payday loan I got through a cash store ....
John's answer
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Answered on May 26, 2013
No, you cannot be arrested for failure to pay debt. It is unlawful for a payday lender to threaten you with arrest for failure to pay, although...
Archived
Is a signed workorder with a unpaid balance a reason for a mechanic to repossess my car?
John's answer
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Answered on May 21, 2013
I am confused by your question. The first part of your question suggests that your concern is that a mechanic has a lien on your car and your car...
Archived
I loaned $32,000 to a business (With a cashiers check) in 2010. We agreed to a payment plan they never honored.
John's answer
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Answered on May 18, 2013
You say that your loan is evidenced by a cashiers check; however, you don't say whether there was a promissory note or other written agreement...
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Archived
Is free oil well gas taxable
John's answer
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Answered on May 17, 2013
I have edited the practice area to include income and capital gains taxes. I have done very cursory legal research on this issue and find no case...
Archived
Can dealership take my car if I thought I would have money for down payment, but I don't have it to give to them at this time?
John's answer
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Answered on May 16, 2013
The answer to your question should be an your written agreement with the dealership. If you financed the vehicle and the down payment is part of...
Archived
What is the statue of limitations on a pay day loan from a renter center?
John's answer
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Answered on May 14, 2013
It depends on which state's law applies which might turn on facts like where payments were to be made and what the documents say about governing...
Archived
Company sold my title or lease to another company without my consent or agreement,
John's answer
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Answered on May 11, 2013
I think you are saying that your vehicle loan was transferred to a new lender and that the new lender unilaterally modified your interest rate. ...
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