Legal Question in Credit and Debt Law in North Carolina

Collect money on a note that i loaned out

Money I loaned on 2 promissory Note one is for 20,000.00 with inst of 9,000.00 to be pay on but he isn't another aqmount of 4,000.00 instred of $1,000.00 on promissory . I let him have 3,000.00 on Aug.15,2003 to be paid in 2 week the $3,000.00

The 20,000.00 was to be paid $300.00 for 3 years and then the balance due on it. The $4,000.00 with the $1,000.00 balnce of $5,000.00 to be paid on Augm, 15, 2004. He has made 1 $300.00 pay to me that is all I havea notary Public and a legsl Promissory Note. Please tell me what I can do in the matter


Asked on 3/26/04, 11:22 am

2 Answers from Attorneys

David Slater David P. Slater, Esq.

Re: Collect money on a note that i loaned out

Hire a lawyer.

Read more
Answered on 3/26/04, 11:56 am
Alexander M. Rosenfeld Rosenfeld & Stein, P.A.

Re: Collect money on a note that i loaned out

It seems that the notes were executed and that the debtor is in North Carolina. You should hire counsel in N.C. to sue and collect the debt.

Read more
Answered on 3/26/04, 1:26 pm


Related Questions & Answers

More Credit, Debt and Collections Law questions and answers in North Carolina