Follow us!

    Post: dad losing business

    Posted by daughter1975 on 12/22/07

    My dad is losing his business because his partner declared
    bankruptcy. They have a piece of property that my dad
    offered the bank $20,000...the bank turned him down and
    then sold the property for $40,000 - half of which goes to
    my dad. So he offered what the bank will get. He believes
    his attorney does not have him down as a creditor and he
    has equipment that he should be able to use as coladeral.
    He has paid $86,000 of his partners debt to keep the
    business going. What are his legal rights?

    Posts on this thread, including this one
  • dad losing business, 12/22/07, by daughter1975.

  Site Map:  Home Chatboards Legal Jobs Classified Ads Search Contacts Advertise
  © 1996 - 2013. All Rights Reserved. Please review our Terms of Use, Mission Statement, and Privacy Policy.