Legal Question in Business Law in Virginia

My brother and I brought a truck together in hopes of starting a business. He took the truck and sold it. I want the $8500.00 back that I put into the truck. My name isnt on anything but I have the receipt from the money I loaned him. How do I get my money?


Asked on 12/07/10, 8:29 am

2 Answers from Attorneys
Cary Moseley Law Office of Cary Powell Moseley, PLLC

Make a demand for the money and then file suit, if necessary. You should consider getting an attorney to help you.

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Answered on 12/12/10, 8:33 am
Kevin B. Murphy Franchise Foundations, APC

As a Franchise Attorney I, unfortunately, agree with the other attorney answer. There's are two lessons to be learned here. Lesson #1: Don't go into business with relatives; when (not if) things get sticky, it will ruin the relationship. Lesson #2: Put EVERYTHING in writing, drawn up by a good lawyer. Consult with a good business or franchise attorney in your area for specific advice.

Mr. Franchise - Kevin B. Murphy, B.S., M.B.A., J.D.

Franchise Foundations, a Professional Corporation

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Answered on 12/12/10, 11:34 am


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