QUESTION
I sold my company The new owner by contract was to pay the balance of a business loan my house is collateral. They stopped paying The bank is forclosi
Asked on Jun 01st, 2018 on Breach of Contract - Florida
More details to this question:
2014 I sold my company. I had a small business loan with my house as collateral. The contract for the sale obligated the new owner to pay the loan and is listed as the guarantor. I was injured witin months after the sale and they stopped paying the loan. Synovus bank is forclosing on my house. The current owner refuses to pay the loan. I am disabled and alone.
1 ANSWER
Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
Partner at
Tischhauser Law Group
2 Awards
This is why you HIRE lawyers to handle such transactions. What you saved skimping on legal fees you just lost 10x in controversy. If you are asking about some breach of contract issue, you will need to fnd the means to hire a lawyer to handle this issue ASAP.
Answered on Jun 04th, 2018 at 2:27 PM
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