Legal Question in Credit and Debt Law in California

Hello,

I have made a loan to real estate broker. He has given me a straight note promising re-payment with inetrest. He has requested pushing back the term date about 5 times now and has been missing the promised commitments several times. What is my best approach to recover the private loan?

Thank you.


Asked on 11/22/10, 1:52 pm

1 Answer from Attorneys

If the amount due is $7,500 or less, you can simply file a small claims suit. If it is ovder $7,500 you will have to file in superior court.

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Answered on 11/27/10, 2:40 pm


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