Legal Question in Business Law in New York

I want my deposit back

I wanted to buy a business for $80.000.00. I gave the last owner $40.000.00 in 5 checks to him. The rest i supposed to give him after the contract would be sighned, which wasn't sighned till today and provided just $40.000.00 for the business. This business is dead and i don't want to get it. One of the checks was cashed out by last owner for $10.000.00. The rest of checks i blocked. He want's to keep his deposit. How can i get all of my money back? It never been any papers sighned...


Asked on 2/05/09, 9:40 am

1 Answer from Attorneys
Steven Czik CZIK LAW PLLC

Re: I want my deposit back

You will likely need to sue him in court to get back the money. We have substantial experience handling these types of cases, however, we would need some more information before making a complete and proper determination. You are welcome to contact us for a free consultation.

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Answered on 2/10/09, 5:11 pm


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