Advise the trustee and turn the check over to him if necessary.
I invested in a start up Title Company as a stockholder/investor. I was given a stock certificate. Long story short, the owner of the company decided to take a position with another Title company. The other company told him he couldn't operate his company anymore. He share with us the stockholders/investors that he couldn't pay us our initial investment back until 2 years of the company being in business. Well, it has past 2 years for the company, he mentioned to me, it had to be 2 years from when he issued each stockholder their certificate. My 2 years is in November 09'. My question is can he declare no income and not pay any of us our money back? What do you recommend?
Thanks in advance for your timely response,
elderly law
i want to know what my rites are i am 76 yewars old i gave my newphew my house back in 2003 i missed one payment and the damp opened they refincenced the house and paid there bills thye wanted me to pay 2000 a month i was paying 1540 a month so they are charging me interest on the differnce which brings it up to almost 20000 dollars they sold the house and are now sending me a lawyers letter to collect the money i have 30days to respond
Hello,
My husband and I are under contract to purchase a condo in Navarre FL. We have been unable to get the type loan we want 20/80 standard loan. We could have other financing such as an ARM but we don't want to go that route. Also, we are extremely concerned about the oil spill and how this would affect the white beach/fishing and other activities on the sound where the condo is located. Our agent states that the owner may sue us if we do not go forward with the purchase. Is there anything we can do to get out of this contract?
Thank you so much,
Lisa