Legal Question in Credit and Debt Law in California

I invested $30,000 as start up capital for a business. The contract I have says that payments in the amount of 20% of the profit were to begin 4/30/15. I have not received one payment despite my attempts to collect. Now the owner of the company flat refuses to pay a dime. The company is profitable and the owner personally guaranteed the note. I can't really afford to pay an attorney up front to sue the owner to collect. What can I do?


Asked on 8/17/15, 12:43 pm

1 Answer from Attorneys
Lyle Johnson Bedi and Johnson Attorneys at Law

Take the agreement to an attorney for a review and advice.

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Answered on 8/17/15, 6:22 pm


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