Legal Question in Investment Law in Georgia
Check bounce
I joined a person who own a Dry cleaners & laundry Centre as Partner and Paid him a Total Amount of $ 20000.00 , which was paid to him in the form of 2 checks from my personal account. we never had any agreement in writing as such , as things were falling part i wanted to be out of the business, and I agreed for a payment of 14000.00 to me
as a withdrawl from business , My partner paid me in 3 different check 1. check for 5000.00 got cleared, and 2 . checks for an amount of 5000 + 4000 =9000.00 which is my brother name has bounced today .
He claims now there are some pending bills to be cleared for the business hence he will not pay that amount of 9000.00 he want to pay me less amount now. i had given him in writing that we do not have any kind of claim from each other during the settlemet day , and this settlement is final on that day ,
Kindly advise me how do i go about this and recover my money and sue him for the same
1 Answer from Attorneys
Re: Check bounce
Assuming a valid oral agreement exists (I would have to know more facts), you would need to sue him for at least breach of contract and possibly some other causes of action. If you are asking for less than $15,000, you can sue him in small claims court without representation.
If you would like to discuss any issues further, please feel free to contact my office. My contact information is below. Thank you.
The foregoing is general information only, not specific legal advice. No attorney/client relation has been created or should be implied.
Glenn M. Lyon, Esq
MacGregor Lyon, LLC
Promenade II
1230 Peachtree Street NE
Suite 1900
Atlanta Georgia 30309
Phone 404.942.3545
Fax 404.795.0993
www.macgregorlyon.com
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