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Printcopyscan

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Oka colleague gadu naa previous company lo $3000.00 teesukunnadu.  Promissory note ichadu ( vaade cheppadu for you to be safe on the debt) ani....

1 year nunchi phone yettaledu, text ki no reply... what is the process to send him legal notice.

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7 minutes ago, Printcopyscan said:

Oka colleague gadu naa previous company lo $3000.00 teesukunnadu.  Promissory note ichadu ( vaade cheppadu for you to be safe on the debt) ani....

1 year nunchi phone yettaledu, text ki no reply... what is the process to send him legal notice.

Hire attorney and send a notice. Though attorney would cost you too around 700 to 1500 until the case ends

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8 minutes ago, Printcopyscan said:

Oka colleague gadu naa previous company lo $3000.00 teesukunnadu.  Promissory note ichadu ( vaade cheppadu for you to be safe on the debt) ani....

1 year nunchi phone yettaledu, text ki no reply... what is the process to send him legal notice.

Promissory note endi us lo ? Notary chepinchava edina escrow lo? Poyinatle 

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DEFAULT

 

This is the default section

 

If any of the following events of default occur, this Note and any other obligations of the Borrower to the Lender, shall become due immediately, without demand or notice:

1) the failure of the Borrower to pay the principal and any accrued interest when due;

2) the liquidation, dissolution, incompetency or death of the Borrower;

3) the filing of bankruptcy proceedings involving the Borrower as a debtor;

4) the application for the appointment of a receiver for the Borrower;

5) the making of a general assignment for the benefit of the Borrower's creditors;

6) the insolvency of the Borrower;

7) a misrepresentation by the Borrower to the Lender for the purpose of obtaining or extending credit; or

😎 the sale of a material portion of the business or assets of the Borrower.

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