legal steps needed to get money paid back

This is a discussion on legal steps needed to get money paid back within the Business Contracts & Partnerships forum, part of the BUSINESS & FINANCE LAW category; A person borrowed money from us $10K. We have a written agreement and a copy of the bank check. It ...

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Old Sep 21st, 2009, 09:41 AM   #1
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Default legal steps needed to get money paid back

A person borrowed money from us $10K. We have a written agreement and a copy of the bank check. It has been a year and I have not recieved payback. What are my legal steps needed to get this money paid back?
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Old Sep 21st, 2009, 10:59 AM   #2
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Default Re: legal steps needed to get money paid back

You should make written demand and then sue in small claims or regular court.

If you use small claims you can sue for just certain payments due in order to keep it under the max amount allowed in that court.
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