Illinois  |  Construction Law

Legal Question

Asked on: 12/31/12, 10:44 am

i have a customer that owes me money for services rendered. he signed a contract to make payments upon completion of items. His next payment has been due for a couple of weeks now and the customer is finding any reason to not pay. He admits it is owed and has also asked me to meet him to pick up a check and has never showed. He sent me an email stating he will release the money that is owed only if I sign over personal assets to him for collateral until the remaining work is complete and then he will release my assets. Is this considered extortion and/or breach of contract or intentional interference torts with propesctive economic advantage

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