QUESTION
debtor defaulted on loan. next steps
Asked on Oct 31st, 2014 on Civil Litigation - California
More details to this question:
The debtor defaulted on loan. I have notary signed by him. I believe he has money and trying to be too greedy. He paid 70% of first installment. What are the next steps i should take?
1 ANSWER
2 Awards
If the loan agreement requires you to give a notice of the default then that would be the next step. If that step isn't required then you can proceed with a lawsuit.
Jon
Answered on Nov 02nd, 2014 at 9:24 AM