I signed a promissory note to avoid going to court and taking my chances. The note was for $7000 and involves paying $200 monthly and a few lump sums. I have already paid some $4100. How can get out of paying the rest? What are my consequences?
I live in RI and the other guy lives in MA.
1 Answer from Attorneys
Negotiate a settlement.
He can bring you into court for breach of contract.