Legal Question in Business Law in California

Bond Question

I own a private note issued by a private corporation. They are refusing to pay and ceasing all contact. Does anybody have a course of action for me?


Asked on 8/23/07, 3:22 pm

4 Answers from Attorneys

H.M. Torrey The Law Offices of H.M. Torrey

Re: Bond Question

You may promptly sue for breach of contract. If you would like aggressive legal assistance in this matter, email us directly with your request.

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Answered on 8/23/07, 5:07 pm
Terry A. Nelson Nelson & Lawless

Re: Bond Question

There's no magic here. Sue.

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Answered on 8/23/07, 6:23 pm
Larry Rothman Larry Rothman & Associates

Re: Bond Question

You can bring a lawsuit against the corporation. Sometimes, the individuals could also be liable if certain corporate obligations were not met. Please contact me if you have any other questions.

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Answered on 8/24/07, 9:06 am
Bryan Whipple Bryan R. R. Whipple, Attorney at Law

Re: Bond Question

Is the note due?

If it is, and you have presented it for payment and been rebuffed, you have a cause of action for breach of the promise to pay contained in the note.

Depending on the amount, you may wish to sue in small claims or hire a lawyer to present your case in superior court.

If the promise to pay is secured or collateralized in some way, that adds an extra dimension and should probably be addressed to a lawyer with collections and/or secured transactions experience.

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Answered on 8/23/07, 3:49 pm


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