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mario salaicesents opened a buisness in my name we had a 70/30 verbal agreement (30% me) sounded like a good deal for just getting out of high school well as of now there still using my name but its 100/0 (0%me) and they refuse to give me a dime and because of this my credit went down and i am very close to being on the street.....and on top of that i have to claim taxes on money that im not even getting.........btw the buisness lic. ficticious business name, resale permit, and state lic. are all in my name
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Doland & Fraade
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Your first problem: a verbal agreement. Your proof of the terms of the agreement will be almost impossible.
Second problem, letting someone use your name is usually a sign that the other party is hiding from his/her creditors or the law. You don't sound as if you have the funds to hire a lawyer for (1) breach of contract and (2) an "accounting" (of profits) among other legal grounds.
Answered on Mar 11th, 2013 at 3:19 PM