More details to this question:
I LEND SOMEONE 12K. HOWEVER I HAD THEM SIGN A CONTRACT THAT I GET 50% OF ALL HIS SALES JUST TO MAKE SURE I GET PAY. I NEVER GOT PAID. THE TIME LIMIT FOR THE PAYMENT WAS A YEAR. HOWEVER THIS WAS NOT IN WRITTING. WHAT IS WRITTEN IS THAT I GAVE 12K FOR 50 % OF ALL HIS SALES 9CAR DEALER). 3 YEARS AGO. HIS DEALER GOT BIGGER. SAYS HE CANT PAY NO MONEY. HE IS TAKING ME FOR A FULL. WHAT CAN THE COURT DO IF HE SAYS HE DOES NOT WANT TO PAY. I HAVE TEXT MESSAGES FROM HIM THAT PROVE HE OWS ME. GAVE ME A CHECK AND DID NOT SIGNED IT. ANY IDEAS WHAT TO DO PLEASE.
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
Partner at
Tischhauser Law Group
2 Awards
This is complicated issue and in part made so by not hiring a lawyer from the beginning. On one hand the contract may be invalid as it could equate to usury on the other it could make you business partners. You will need to retain a lawyer to address this properly and immediately before this gets even more botched up.
Answered on Jun 22nd, 2016 at 10:47 AM
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