Legal Question in Consumer Law in New York

I had a verbal agreement with a contractor to perform $477.00 worth of work. He performed the work and sent me a bill for this amount. On the bottome of the bill it said that interest would occur after 30 days at 10.5% per month. I was injured and out of work and over the course of the next few years I paid him a total of $235.00. I never received another printed statement he would call and remind me that I had a balance and I would send another partial payment. I then didn't hear from him for a few years. He recently contacted me and wants over $1000.00 because of all the interest that has accrued. If the math is correct am I legally obligated to pay all this interest even though he has not sent me any further bills? I have received notice I must appear in small claims court.

Asked on 5/10/12, 1:20 pm

SHAHRIAR KASHANIAN LAW OFFICES OF SHAHRIAR KASHANIAN, ESQ.,

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My impression is the court will settle this matter for a maximum of $300 when all is said and done.

Offer the remainder of money owed at this time to settle. If the contractor does not agree, do not fret. Appear in court.

Answered on 5/10/12, 1:56 pm

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