California  |  Credit and Debt Law

Legal Question

Asked on: 11/21/06, 2:46 pm

Unpaid Promissory Note.

I hold a promissory note in the amount of $48,000. The note is over 10 years old and I have not been able to collect.

The person who owes the money agrees that he owes it yet refuses to pay.

What is the best way to collect this debt?

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